Trust and Compliance
Regulated, certified, and willing to prove it.
Financial regulation is the reason FOREN's customers can move money across borders with confidence.
FCA Authorization
FOREN is authorised by the Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011. Reference Number: No. 901074. FCA authorisation means FOREN is subject to ongoing supervision, capital requirements, and conduct rules set by the UK's financial regulator.
FINTRAC Registration
FOREN is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Services Business. Registration Number: M20208466. FINTRAC registration means FOREN complies with Canada's Proceeds of Crime (Money Laundering) and Terrorist Financing Act.
Ghana IMTO Licence
FOREN holds an International Money Transfer Operator (IMTO) licence from the Bank of Ghana, authorising licensed cross-border remittance services in Ghana.
Nigeria IMTO and PSSP Licences
FOREN holds International Money Transfer Operator (IMTO) and Payment Service Solution Provider (PSSP) licences from the Central Bank of Nigeria (CBN), authorising remittance and payment services in Nigeria.
PCI DSS Level 1
FOREN is certified to PCI DSS Level 1, the highest level of security standard for organisations that handle cardholder data. Certification is maintained through annual audits by a Qualified Security Assessor.
ISO 27001
FOREN's information security management system is certified to ISO 27001:2022. This covers the systems, processes, and people that handle customer data.
Fund Safeguarding
All customer funds are safeguarded in designated accounts with regulated credit institutions, in accordance with the Electronic Money Regulations 2011. Customer funds are held separately from FOREN's operational funds and are not used for any other purpose.
AML and KYC
FOREN operates a risk-based AML programme aligned with FATF standards. All customers complete identity verification (KYC) before transacting. Enhanced due diligence applies to higher-risk customers and transactions.
Start building
with Foren.Start building with Foren.
We guide onboarding end to end so you go live without guesswork.
