Lunor Pay Ltd, the UK neobank building a single platform for payment cards, multi-currency FX, savings and concierge services, has received advance assurance from HMRC under both the Seed Enterprise Investment Scheme (SEIS) and the Enterprise Investment Scheme (EIS).
The assurance relates to a proposed investment of £950,000 in Lunor Pay’s ordinary shares.
What advance assurance means
Advance assurance is HMRC’s provisional view, given before shares are issued, that it expects to authorise the company to issue SEIS and EIS compliance certificates. Those certificates are what eligible investors use to claim the reliefs.
It is not a guarantee. HMRC’s assurance is based on the information provided and the legislation in force today. If the facts or the law change before the shares are issued, it may no longer apply. After each share issue the company must still file its compliance statements (SEIS1 and EIS1) with HMRC.
How it was done
The application was prepared with our partner SeedLegals, whose platform handles the HMRC paperwork, while BDM worked with Lunor Pay on the structure of the round.
Our role
BDM Wealth Management was appointed corporate advisor to Lunor Pay in July 2026. You can read more about Lunor Pay at lunorpay.com.
Disclosure: BDM Wealth Management is corporate advisor to Lunor Pay and may be paid for that role. BDM works with SeedLegals as its compliance partner and receives no referral fees from SeedLegals.
This announcement is news about a client and is not an offer, invitation or inducement to invest in Lunor Pay or any other company. BDM Wealth Management is an introduction business and is not regulated. Nothing here is financial, tax or legal advice. Capital is at risk and you may get back less than you invest. Tax treatment depends on individual circumstances and may change. For high-net-worth and sophisticated investors only.