MPay Global (mpaybanking.com): FCA Warning Contradicts Its Regulatory Claims

If you have deposited money with MPay Global through mpaybanking.com and are now questioning whether the platform can be trusted, the most important fact is straightforward: the UK Financial Conduct Authority has warned that MPay Global is not authorised and tells consumers to avoid dealing with the firm and beware of scams.

This is particularly serious because MPay Global has presented itself online as a regulated financial operation. AssetVault Recovery’s investigation found claims connecting the platform with FCA regulation and UK financial protections, while the regulator’s own warning says customers dealing with MPay Global would not have those protections.

Already sent money? Do not send additional funds simply because someone says you must pay a tax, verification charge, account fee or other payment before your money can be released. Preserve your transaction records and communications first.

👉 Already paid MPay Global? Submit your transaction information for review.

The FCA Has Warned Against MPay Global

On 10 September 2026, the Financial Conduct Authority (FCA) published an official warning naming MPay Global and identifying its website as mpaybanking.com.

The Financial Conduct Authority (FCA) states that MPay Global may be providing or promoting financial services or products without permission. More importantly for prospective customers, the regulator says: avoid dealing with this firm and beware of scams.

The warning identifies the following details:

• Name: MPay Global
• Website: https://mpaybanking.com/
• Address: 1 Canada Square, Canary Wharf, London, E14 5AB
• Email: support@mpayglobal.com
• Regulatory status: Unauthorised

MPay Global’s Regulatory Claims Are the Bigger Problem

MPay Global has presented itself as a regulated financial business, including claims associating its operation with Financial Conduct Authority (FCA) regulation and UK financial protections.

That representation conflicts directly with the regulator’s position. The Financial Conduct Authority (FCA) says MPay Global is not authorised.

For someone deciding whether to trust mpaybanking.com, the official regulatory record should carry more weight than regulatory badges, reference numbers or protection claims displayed by the platform itself.

This type of contradiction is similar to what AssetVault uncovered while investigating VenturoFX, where the platform’s regulatory presentation had to be compared directly with the position published by the UK regulator.

The Canary Wharf Address Does Not Change the Warning

MPay Global gives an address at 1 Canada Square, Canary Wharf, one of London’s best-known financial locations. But having a prestigious London address does not establish regulatory authorisation.

In fact, the Financial Conduct Authority (FCA) specifically warns on the MPay Global notice that unauthorised firms may provide incorrect contact details or even use details belonging to another business or individual to make themselves appear genuine.

AssetVault has not established that MPay Global misused this particular address. What is confirmed is simpler: the regulator identifies the address while still classifying MPay Global as unauthorised.

MPay Global Customers Would Not Have the Protection They May Expect

The Financial Conduct Authority (FCA) says customers dealing with MPay Global would not have access to the Financial Ombudsman Service for complaints and would not be protected by the Financial Services Compensation Scheme (FSCS) if things went wrong.

In practical terms, anyone considering sending money to mpaybanking.com should not assume that the protections normally associated with an authorised UK financial institution apply.

IOSCO Has Also Circulated the MPay Global Warning

The MPay Global alert has also been reported through I-SCAN, the international warning system maintained by the International Organization of Securities Commissions (IOSCO).

The regulatory roles are different. The Financial Conduct Authority (FCA) is the originating regulator. The International Organization of Securities Commissions (IOSCO) circulates regulatory alerts internationally through I-SCAN; its inclusion should not be described as a separate criminal finding against MPay Global.

For consumers outside Britain, however, the international circulation is significant because online financial operations can solicit customers across borders.

Already Sent Money to mpaybanking.com?

If you have already transferred money to MPay Global, the most useful evidence now is the actual payment trail, not simply the balance displayed inside an account.

Keep your bank-transfer receipts, beneficiary details, card statements, cryptocurrency transaction hashes, receiving wallet addresses, emails, screenshots and WhatsApp or Telegram conversations.

If you are being prevented from withdrawing, be particularly cautious about requests for another payment. Sending additional money does not guarantee that an existing balance will be released.

Where cryptocurrency was used, BTC, ETH or USDT transactions may leave a blockchain trail that can still be examined after the transfer has taken place. AssetVault discussed the importance of following actual payments rather than relying on platform balances in its investigation of Intrade24.

👉 Have your MPay Global transaction trail reviewed.

What AssetVault Found About MPay Global

The contradiction at the centre of this case is difficult to ignore: MPay Global has presented itself using the language and appearance of a regulated UK financial operation, while the UK’s own Financial Conduct Authority (FCA) says the firm is not authorised.

The regulator identifies the exact mpaybanking.com website, the support@mpayglobal.com email address and the Canary Wharf address. It tells consumers to avoid the firm and beware of scams. Customers would also lack the regulatory protections identified above.

We have seen similarly important gaps between the identity presented online and independently established regulatory facts in cases including BVF Capital and Firm Apex Trades.

Based on the regulatory warning and the conflicting regulatory presentation surrounding the platform, AssetVault Recovery considers mpaybanking.com a high-risk financial website. We do not believe investors should send MPay Global additional funds.

That is AssetVault Recovery’s independent assessment. The formal finding of the Financial Conduct Authority (FCA) is that MPay Global is an unauthorised firm.

Lost Money to MPay Global? Here’s What You Can Do

If you deposited through mpaybanking.com and cannot access or withdraw your money, AssetVault Recovery can review the available payment evidence and determine whether there is a transaction trail worth investigating.

For cryptocurrency payments, the review can examine transaction hashes, destination wallets and subsequent blockchain movements. Bank-transfer and other payment records can be examined for beneficiary and routing information.

👉 Request a confidential MPay Global case assessment

👉 Speak directly with our recovery team

👉 Submit your transaction information for review

A case assessment does not guarantee that funds can be recovered. The available transaction evidence, payment method and subsequent movement of funds have to be examined individually.

No upfront recovery fees. Fees are payable only after a successful recovery.

Disclaimer

This article is based on publicly available regulatory information and independent research conducted by AssetVault Recovery. The Financial Conduct Authority (FCA) identifies MPay Global and mpaybanking.com as an unauthorised firm and advises consumers to avoid dealing with the operation and beware of scams. The warning has also been circulated through the I-SCAN system maintained by the International Organization of Securities Commissions (IOSCO).

AssetVault Recovery’s assessment is an independent investigative conclusion and does not represent a criminal judgment by a court. This publication is provided for investor education, scam awareness and general informational purposes and does not constitute legal, financial or investment advice.