MuchBetter

MuchBetter is a payments company offering a digital wallet for consumers and a payments service for businesses. Consumers use the MuchBetter wallet to send, store and spend money, and customers in the United Kingdom and the EEA can add a prepaid Mastercard, physical or virtual, or a contactless wearable such as the MuchBetter Ring; the wallet can also be added to Google Pay. For merchants, the MuchBetter Business app and a single API give access to local payment options. MuchBetter is operated by MIR Limited UK Ltd, which is licensed as an Electronic Money Institution by the UK Financial Conduct Authority. Its card and wearable programmes are issued under Mastercard licence by Paynovate SA, which is regulated by the National Bank of Belgium. The company states that it safeguards client funds.

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