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About Shpun

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Shpun is the registered trading name of M A Fastmove Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) under the Payment Service Regulations 2017 for the provision of payment services. FCA Registration Number: 817249, Company Registration Number: 10789354, Information Commissioners Office: ZA298304, Registered Address: The Colmore Building, 20 Colmore Circus, Queensway, Birmingham, B4 6AT. Payment services products are not covered by the Financial Services Compensation Scheme (FSCS). Except where we act as distributor to Modulr FS Limited, your funds will be held in one or more segregated accounts and safeguarded in line with the Payment Services Regulations 2017. This means that the funds we hold for customers in those segregated accounts are held separately from all other funds that we hold and cannot be used for any other purpose. As a result, in the event of our insolvency, our creditors would not be able to make a claim on your funds. We also have a specialist insurance policy to protect customer funds held by us in the event of our insolvency. Where we act as distributor to Modulr FS Limited, your funds are safeguarded as described below.

M A Fastmove Limited (Shpun) is a distributor of Modulr FS Limited, a company registered in England and Wales with company number 09897919, which is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr FS Limited. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme (FSCS) your funds will be held in one or more segregated accounts and safeguarded in line with the Electronic Money Regulations 2011 – for more information please see “UK Safeguarding Explanation”. Here you can consult the Modulr Terms and Conditions for Shpun clients in the UK.

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