Yes. Caxton Payments Ltd is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (FRN 900663, authorised 19 June 2018), and separately holds FCA authorisation for FSMA-regulated business (FRN 431844). This dual authorisation is why the platform is described as dual FCA-regulated.

Caxton verifies the identity of every individual party (KYC), verifies the legal status and ownership of every business party (KYB), screens all parties against sanctions and PEP lists, checks source of funds, and monitors accounts on an ongoing basis for the life of the transaction.

As an FCA-authorised EMI, Caxton is subject to the safeguarding requirements of the Payment Service Regulations 2017. Client funds are held in segregated accounts, separate from Caxton's own operating funds, protecting them if Caxton were to become insolvent. Caxton is not a bank, so funds aren't covered by the FSCS, but they're legally ring-fenced under the safeguarding rules.

Law firms handling M&A completions, litigation and settlement funds or probate distributions; private equity firms and fund administrators opening accounts for SPVs; corporate finance teams managing shareholder payouts; and commercial real estate professionals handling deposits and staged payments.

Firms report up to 80% less time spent opening accounts, plus a reduced audit, AML and reconciliation burden, because Caxton performs verification and administration instead of your own team doing it deal by deal.

Cross-border payments in more than 30 currencies through a single platform, covering the FX needs of multi-party and international transactions.