Motmaen is a small payment institution that is registered to provide money remittance (ie money transfer) services. We removed its ability to provide these payment services.

Motmaen must pay all its liabilities to its customers by 22 May 2024, this means that Motmaen must return any money it received from customers for transactions it did not complete.

If you have any concerns about Motmaen, please contact our Supervision Hub.

See the FCA Register for more information. (Motmaen’s firm reference number is 628909.)

Motmaen has the right to refer our decision to the Upper Tribunal.