Safenetpay changes its name to Moneff

LONDON, October 7, 2022 /PRNewswire/ — Safenetpay has announced its brand and name change to Moneff. The rationale for the new name is to more accurately reflect the change in Moneff’s proposition from a pure payments business to an expanded portfolio of streamlined and efficient services to support SMEs.

SMEs and entrepreneurs need easily accessible solutions to manage their money. Although SMEs make up 99% of all registered businesses in the UK, traditional banks and lenders continually neglect or turn away entrepreneurs and charge exorbitant fees for business accounts and cross-border transfers.

Moneff helps small businesses move their money more efficiently by offering a one-stop shop for free* multi-currency business accounts, transfers with competitive exchange rates, card issuance and online payment processing services. By creating a global financial infrastructure using innovative API-based cloud technology and leveraging strategic partnerships, Moneff aims to create a fairer and more progressive financial ecosystem for the UK’s 22.6 million small and medium-sized enterprises (SMEs). and the EU.

“We felt it was necessary to change the company name to more accurately reflect our offering to help small businesses manage their money effectively,” he said. Sanjar MavlyanovCEO and founder of Moneff.

“We want our customers to focus on improving their business, instead of being distracted by managing multiple vendors. That is why we are building an ecosystem of trading tools that help businesses grow and save money,” adds Dilshod Mikhmanov, co-founder and CFO of Moneff.

By providing free*, borderless and frictionless e-money accounts to small businesses, Moneff democratizes the customer experience by putting their needs first and providing a true choice of cash solutions for businesses of all kinds. Moneff prides itself on providing high levels of client service and is always seeking to refine and develop its business practices to achieve the best results for its clients.

* Subject to eligibility criteria.


Moneff is the one stop shop for small business owners. We enable SMEs and sole proprietors to move their money efficiently by offering free multi-currency business accounts (subject to eligibility), transfers at competitive exchange rates, card issuance and online payment processing services.

Formerly known as Safenetpay, Moneff (now a trading name of Safenetpay Services Company Ltd) was founded in 2016 and its head office is in London. Moneff is authorized as an Authorized Electronic Money Institution by the UK Financial Conduct Authority (FCA) and has obtained an EMI (Electronic Money Institution) license from the Danish Financial Supervisory Authority.


Moneff’s headquarters are located at CityPoint, 1 Ropemaker Street, EC2Y 9HT in London.

Those who wish to express their interest can now register here:

To access the biographies and photos of the leaders, visit the site:


Otabek Nuritdinov, Head of Business Development and Marketing
Such. : +44 (0) 7824864222

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Safenetpay is now Moneff.



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Vince Fernandez

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