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MuchBetter

App-based e-wallet with prepaid Mastercard, vouchers and wearables, accepted as a deposit and withdrawal method by licensed gambling operators.

MuchBetter is an app-based digital wallet operated in the UK by MIR Limited UK Ltd, an FCA-authorised electronic money issuer that belongs to the Isle of Man-based Rtekk Holdings group. Users can top up with cards, bank transfers or cash vouchers, then pay with a virtual or physical prepaid Mastercard or an NFC payment ring. The company has long marketed itself to gambling operators as a payment method for player deposits and withdrawals, and says it applies full wallet verification to all gambling-related transactions to meet German GGL requirements. It also runs MuchBetter Business accounts backed by a NatWest banking partnership.

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Key Information

Company NameMIR LIMITED UK LTD
HeadquartersLondon, United Kingdom
Websitemuchbetter.com
Company TypeB2B
OwnershipSubsidiary
Parent CompanyRtekk Holdings Limited
ProductsBanking & EMI, E-wallets
Markets12 regulated markets

Featured Products

1 / 3
✦E-wallets✦
MuchBetter e-Wallet

MuchBetter e-Wallet

Mobile wallet app for storing, sending and spending money, linked to a free virtual prepaid Mastercard and optional cards or wearables.

Virtual MastercardP2P transfers by phone numberMB Coins rewardsBiometric verificationiOSAndroid
✦E-wallets✦
MuchBetter Voucher

MuchBetter Voucher

Cash voucher bought online or in-store and redeemed in the app with a 16-digit code to top up the wallet without using a bank account.

16-digit redemption codeIn-store or online purchaseInstant wallet top-upNo bank account needed
✦E-wallets✦
MuchBetter Ring

MuchBetter Ring

Contactless NFC ring linked to the MuchBetter wallet for tap-to-pay without a phone or card.

NFC contactlessWater resistantNo charging or BluetoothNo PIN up to GBP 50

Integrations

1 partners

Platforms and aggregators this company connects with. Each row links to the announcement that evidences it.

N

NatWest

Payment
NatWestMuchBetter
Evidence

Licences

1 held · 0 checked on the register

Every row names the regulator and links to its public register, so you can confirm it without taking our word for it.

RegulatorLicence no.TypeStatusEvidence
🇬🇧
FCA (Financial Conduct Authority)United Kingdom
900704EmiUnknownRegister →

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How we sourced this profile

Profile confidence
Public source
Primary source
https://muchbetter.com/en/terms-and-conditions
Last checked
2026-09-23

Company-supplied claims, public sources and independently verified records are labelled separately throughout this page.