This is the wholly insolvent “Crossflow Payment Solutions” – Incredibly, they are authorised and regulated by the U.K.’s Financial Conduct Authority (#FCA) in relation to their business.

One will quite quickly realise that #CrosslowP are insolvent upon a balance sheet basis, and the circa GBP £5,000,000 insolvent position they are in – is actually getting worse at a rate of knots.

However, if you are one of their customers – Don’t expect the U.K. Govt. to ‘bail you out’ =

“The Financial Ombudsman Service will not be able to consider a complaint about this firm.”

“The Financial Services Compensation Scheme will not be able to consider a claim against this firm if it fails.”

. . . and it will (sooner or later)!

To discuss further, please do not hesitate to contact the writer.


Founding Principal – and – Business Law Solicitor

+44 (0) 20 8780 3319 : London D.D. Landline Tel. – Solicitors For Business