Zotapay

What is Zotapay and what do they do?

Zotapay is an FCA-authorised Electronic Money Institution (AEMI) providing secure and compliant payment and e-money services for regulated financial firms. Operating under the UK’s Financial Conduct Authority oversight, Zotapay focuses on supporting licensed institutions with reliable infrastructure for handling client funds, issuing e-money, and enabling efficient cross-border transactions.

Unlike traditional consumer-facing processors, Zotapay’s platform is built specifically for B2B financial services, helping them manage deposits, withdrawals, and internal treasury operations across multiple jurisdictions. The company’s core capabilities cover e-money issuance, safeguarding of client funds, payment processing, and currency conversion. By combining these services within one compliant framework, Zotapay enables firms to streamline financial flows while maintaining strict regulatory alignment.

Zotapay’s infrastructure supports multiple currencies and alternative payment rails, giving regulated entities a secure channel to execute payments and settlements globally. The company positions itself as a partner for institutions that prioritise regulatory assurance and operational stability over high-risk volume processing.

Who is it for?

Zotapay’s solutions are designed exclusively for regulated financial service providers, including electronic money institutions, payment institutions, fintech platforms, and other licensed entities operating under financial supervision.

Its technology is suitable for organisations that handle customer funds and require full safeguarding segregation, reconciliation, and reporting mechanisms in line with FCA and PSD2 standards. Typical clients include digital banking providers, payment facilitators, and fintechs managing cross-border flows that need a compliant way to hold, move, and account for client money.

This focus on institutional clients sets Zotapay apart from standard merchant service providers, aligning it with the needs of businesses where compliance and governance are non-negotiable parts of operations.

Why do businesses choose Zotapay?

Firms partner with Zotapay to gain access to regulated infrastructure and multi-jurisdictional payment capabilities without building them in-house. Key benefits include:

• Regulatory assurance – As an FCA-authorised AEMI, Zotapay adheres to stringent safeguarding, capital adequacy, and reporting obligations, giving clients confidence that funds are held securely and operations meet UK and EU financial standards.
• E-money issuance – Supports the creation and management of e-money accounts, enabling institutions to issue digital balances and manage end-user funds compliantly.
• Multi-currency and payment rails – Facilitates international transfers and conversions through alternative payment networks, reducing dependence on traditional banking systems.
• Operational efficiency – Consolidates treasury, deposits, withdrawals, and internal settlements into a unified, automated system.
• Compliance support – Helps institutions strengthen AML, KYC, and safeguarding frameworks, simplifying adherence to cross-border regulatory requirements.

Businesses using Corefy can simply obtain a MID from Zotapay and connect it to Corefy’s dashboard in a few clicks, without dealing with any integration work.

Is Zotapay trustworthy?

Zotapay’s FCA authorisation as an Electronic Money Institution confirms its compliance with the UK’s Payment Services Regulations and safeguarding rules. The firm operates under robust data-security measures, including PCI DSS compliance and strong encryption standards for protecting sensitive information.

By maintaining transparent governance and regular regulatory reporting, Zotapay provides a reliable backbone for institutions operating in highly supervised financial environments. Its commitment to safeguarding, compliance, and operational control positions Zotapay as a trusted partner for licensed fintechs and payment institutions managing complex financial flows.