Yes, it is safe. Remitix Limited is an Authorised Payment Institution (API) by the Financial Conduct Authority (the “FCA”) and operates a remittance business under the brand name “Mukuru”.
The FCA is the regulator for nearly 60,000 financial services firms in the UK and is responsible for ensuring that UK financial markets are honest, fair, and effective so that consumers get a fair deal.
As an Authorised Payment Institution, Remitix Limited is allowed to provide its customers with certain financial services such as our money remittance services. We are, however, not a bank or credit institution, so any funds we may receive from you are not protected by the Financial Services Compensation Scheme.