Why am I seeing payments to FinXP Limited in my bank account?

FinXP Limited is a legitimate and licensed financial institution based in Malta. Founded in 2014, the company offers several payment services, one of which is a SEPA Direct Debit processing service to online merchants. This is not a scam.

If you are seeing payments being done to FinXP from your bank account, that is because we are charging you in the name of our clients, whom you have mandated to charge you through the SEPA Direct Debit scheme. The merchants that we work with come from a multitude of industries.

If you would like to stop the payments, please check this particular FAQ.