How is Nook Regulated and How Are Your Funds Protected
Payaable Limited (T/A Nook) is an EMD Agent of The Currency Cloud Limited. Payment and e-money services are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorized by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199);
When funds are deposited to your Payaable Limited (T/A Nook) account, e-money is issued in exchange by The Currency Cloud Ltd. In line with regulatory requirements, Currency Cloud safeguards your funds, which means that the funds in your account are held at a reputable bank, and most importantly, are protected in the event of The Currency Cloud Ltd or Payaable Limited (T/A Nook) insolvency.
Payaable Limited is registered under the UK Data Protection Act (reference number: ZB036880)