Financial House

Financial House: Evidence-Based Overview

Choosing a payment service provider is a strategic decision for any merchant. This overview distills what Financial House offers based on its official materials, so you can evaluate fit without guesswork. Financial House provides merchant acquiring, card issuing, and virtual IBAN account services through a single API. The company highlights PCI DSS Level 1 certification, coverage across 90+ countries via its network, and access to UK and EU payment rails.

What Financial House Is

Financial House is an FCA-authorised Electronic Money Institution that enables businesses to accept and send payments, issue cards, and open virtual IBAN accounts. Its product set centres on a single API that connects to card networks and major account-to-account schemes, with a dashboard for transaction monitoring.

Core Payment Capabilities

Merchant Acquiring

• Supported schemes: Visa, Mastercard, and UnionPay, integrated via a single API.

• Acceptance options: Online card acceptance and the ability to send secure payment links for remote or offline billing workflows.

• Intended outcome: Help UK businesses accept global transactions securely while consolidating processing under one platform.

Card Issuing

• Card types: Virtual and physical prepaid, gift, and debit cards.

• Branding: Cards can be issued under your own brand.

• Memberships: Financial House states it is a principal member of Visa, Mastercard, and UnionPay International for issuing, which typically enables direct program control under scheme rules.

Virtual IBAN Accounts

• IBAN Direct: Dedicated GBP and EUR accounts with up to 5 sub-IBANs, designed for fast local and international transfers.

• IBAN Solutions: A white-label option to provide your customers with dedicated virtual accounts under your own brand, integrated to major payment networks via API.

Coverage, Payouts, and Payment Rails

• Geographic reach: The platform indicates access to over 90 countries and territories through its jurisdiction and partner network.

• Account-to-account rails: The API advertises access to SEPA, Faster Payments, BACS, and CHAPS, allowing merchants to move funds domestically in the UK and across the SEPA zone.

• Payouts: Multi-currency payouts to customers in local currencies aim to reduce conversion costs and speed up settlement on outbound flows.

Integration Model and Developer Experience

• Single API approach: One integration to accept cards, create payment links, issue cards, access bank payment rails, and manage IBAN accounts.

• Dashboard: Built-in transaction monitoring via a merchant portal supports finance and ops workflows.

• Developer site: Public documentation is available for API integration, including endpoints for checking transaction status and related operations.

Implementation notes for merchants

• Payment links: Useful for invoicing, call-centre payments, or remote sales without a full checkout.

• Consolidation potential: If you operate both card and bank payments in the UK and EU, consolidating under one API and dashboard can simplify reconciliation and reporting.

• White-label IBANs: Platforms and B2B fintechs can embed accounts under their brand while Financial House provides the regulated infrastructure.

Security, Risk, and Compliance

• Regulatory status: Financial House Limited is authorised by the UK Financial Conduct Authority as an Electronic Money Institution (FCA FRN 902039).

• Cardholder data security: The platform states PCI DSS Level 1 certification, the highest level for service providers handling card data.

• Risk management: The company highlights an experienced anti-fraud team and legal/compliance support for navigating UK regulatory obligations.

• Policies and governance: Public pages provide privacy, complaints, and fraud-reporting procedures, reflecting standard governance practices for regulated PSPs.

Reporting and Monitoring

• Operational view: A comprehensive monitoring dashboard for transactions is highlighted, aimed at helping teams focus on business operations rather than building tooling from scratch.

• Use cases: Monitoring can support chargeback handling, reconciliation, payout confirmations, and partner oversight.

Partner Options for ISOs and Platforms

• ISO program: Financial House promotes a partner program for independent sales organizations with a turnkey API and support for finance, underwriting, and monitoring during merchant contract negotiations.

• White-label enablement: With IBAN Solutions and card issuing under a principal membership model, platforms can create customer-facing financial products with their own brand while relying on Financial House for scheme access and compliance.

Pricing and Commercials

• Public pricing: Financial House does not publish rate cards on its website for acquiring, issuing, or IBAN accounts.

• Engagement model: Prospective merchants are directed to book a demo or contact sales to receive tailored pricing based on volumes, use cases, and risk profile.

• What to expect: As with most multi-product PSPs and EMIs, total cost commonly depends on card mix, chargeback exposure, payout corridors, and whether you use issuing or IBAN products in addition to acquiring.

Strengths

• Single-vendor stack: Cards acquiring, issuing, and accounts with bank-payment rails under one API and dashboard.

• Scheme and rail access: Direct card scheme participation for issuing, plus SEPA, Faster Payments, BACS, and CHAPS via API.

• Coverage: 90+ countries and multi-currency payouts to support international merchants.

• Compliance posture: FCA-regulated EMI and PCI DSS Level 1 claims, with public governance policies.

Ideal Merchant Profiles

• UK and EU merchants wanting to combine card acceptance with bank rails through one integration.

• Marketplaces, platforms, or B2B fintechs needing white-label IBANs and branded card issuing alongside acquiring.

• Merchants with global customers that benefit from multi-currency payouts and reach across 90+ countries.

Conclusion

Financial House combines merchant acquiring, card issuing, and virtual IBAN accounts behind a single API, with PCI DSS Level 1 claims, FCA EMI authorisation, access to SEPA, Faster Payments, BACS, and CHAPS, and reach across 90+ countries. The model is well suited to merchants and platforms looking to consolidate card and bank payments, issue branded cards, and provide white-label accounts.