Omega Partner Program – Terms & Conditions
Last updated: 27 April 2026
These Terms & Conditions (the “Terms”) govern your participation in the Omega Partner Program (the “Program”) operated by Omega BaaP Limited (trading as “Omega” or “OMG”) (the “Company”, “Omega”, “we”, “us”).
By applying to or participating in the Program, you (“Partner”, “you”) agree to these Terms.
1. About the Program
1.1
Purpose of the Program The Omega Partner Program (the “Program”) enables approved partners to introduce prospective customers to Omega and, where applicable, to participate in the Omega Network in connection with services provided to such customers.
1.2
How the Program Operates
1.2.1
Partners may submit prospective customers to Omega via the onboarding process made available on the Omega website or such other channels as Omega may specify from time to time.
1.2.2
Each prospective customer is subject to review, onboarding, and acceptance by Omega in accordance with its internal policies and regulatory obligations.
1.2.3
Where a prospective customer is accepted, Omega and the Partner may agree specific commercial terms in respect of that customer in a separate written schedule (each, a “Client Schedule”).
1.3
Client Schedules
1.3.1
Any fees, commissions, revenue share, or other commercial arrangements relating to a referred customer will be set out exclusively in the applicable Client Schedule.
1.3.2
No entitlement to any payment arises unless and until a Client Schedule has been agreed and the conditions set out therein have been satisfied.
1.3.3
Each Client Schedule is separate and independent, and may vary between customers.
1.4
Scope of Services
1.4.1
Omega provides financial infrastructure and business services, which may include (without limitation):
(a) multi-currency accounts;
(b) payments and foreign exchange services;
(c) company formation and corporate services; and
(d) access to third-party professional services.
Omega may modify, add to, or withdraw services at any time.
1.5
Non-Exclusivity
The Program is non-exclusive. Omega may, at its discretion, work with other partners, engage customers directly and operate other referral, distribution, or partnership arrangements.
2. Eligibility & Onboarding
2.1
Application
To participate in the Program, you must submit an application via the Omega website or such other method as Omega may specify from time to time. You shall ensure that all information provided in connection with your application is complete, accurate, and not misleading, and you agree to promptly notify Omega of any changes to such information.
2.2
Approval
2.2.1
Participation in the Program is subject to approval by Omega in its sole and absolute discretion. Omega may accept or reject any application, request additional information or documentation for verification, due diligence, or compliance purposes, and impose conditions on any approval.
2.2.2
Approval to the Program does not guarantee acceptance of any referral, oblige Omega to enter into any Client Schedule, or entitle you to receive any Commission.
2.3
Ongoing Eligibility
You shall, at all times during your participation in the Program, ensure that your information remains accurate and up to date, comply with all applicable laws and regulations, and adhere to these Terms and any applicable Client Schedule. You must also act in good faith and refrain from any conduct which may harm, or reasonably be expected to harm, Omega’s reputation, business, or regulatory standing.
2.4
Verification and Compliance
Omega may, at any time, carry out such checks as it considers necessary in relation to you, your business, and your activities, including for identity verification, anti-money laundering, sanctions screening, and regulatory compliance purposes. You shall promptly provide all information and assistance reasonably requested in connection with such checks.
2.5
Suspension and Termination
Omega may, at any time and in its sole discretion, suspend, restrict, or terminate your participation in the Program, with or without notice, including where you fail to meet the requirements of this Section, where Omega reasonably considers there to be legal, regulatory, or reputational risk, or where you are in breach of these Terms.
2.6
Minimum Thresholds
Omega may, at its discretion, set minimum performance thresholds (including minimum referrals or revenue levels) as a condition of continued participation in the Program or eligibility for certain Commission structures, as specified in a Client Schedule or otherwise communicated to you.
3. Referrals
3.1
Referred Customers
A “Referred Customer” means a person or entity introduced to Omega by you in accordance with these Terms, which is not already an existing customer of, or actively engaged with, Omega, and which is accepted by Omega as a valid referral.
3.2
Submission of Referrals
Referrals must be submitted through the Omega onboarding process or such other channels as Omega may specify from time to time. A referral will only be considered where it is clearly identifiable as originating from you and submitted in the form required by Omega.
3.3
Acceptance and Attribution
Omega shall have sole and absolute discretion to determine whether a referral is valid, whether it is attributable to you, and whether a prospective customer is already known to Omega. Omega may accept or reject any prospective customer for onboarding at its discretion, and its determination in respect of any referral shall be final.
3.4
No Obligation to Proceed
Nothing in these Terms obliges Omega to accept any referral, onboard any prospective customer, or enter into any agreement or Client Schedule in respect of any referred party.
3.5
Effectiveness of Referrals
A referral shall only be treated as effective where the relevant prospective customer is successfully onboarded by Omega and Omega confirms that the referral is eligible in accordance with these Terms. No rights, including any entitlement to Commission, shall arise unless and until both conditions are satisfied.
4. Partner roles
4.1
Types of Participation
Under the Program, you may act as a referral partner by introducing prospective customers to Omega. In addition, you may be invited by Omega, at its sole discretion, to participate as a network partner in connection with the provision of services to Omega clients.
4.2
Referral Partner Role
Where you act as a referral partner, your role is limited to introducing prospective customers to Omega in accordance with these Terms. You shall not have any authority to bind Omega, represent Omega, or provide services on Omega’s behalf unless expressly agreed in writing.
4.3
Network Partner Role
Participation as a network partner is by invitation only and is subject to such additional onboarding, due diligence, and contractual arrangements as Omega may require. Where approved, you may provide services directly to Omega clients under separate terms as agreed between the relevant parties.
4.4
No Guarantee of Engagement
Participation in the Program, including any role as a network partner, does not guarantee any minimum volume of referrals, engagements, revenue, or business opportunities.
4.5
Discretion and Revocation
Omega may, at any time and in its sole discretion, invite, restrict, suspend, or revoke your participation in any role under the Program, including participation in the Omega Network.
5. Commission & Payments
5.1
General
5.1.1
Any fees, commissions, or revenue share payable to you under the Program (together, “Commission”) shall be set out in a Client Schedule agreed between you and Omega in respect of a Referred Customer.
5.1.2
Except as expressly set out in an applicable Client Schedule, you shall have no entitlement to any Commission.
5.1.3
Subject to the terms of the relevant Client Schedule, Omega shall determine the calculation and payment of Commission in accordance with its internal records, which shall be final in the absence of manifest error.
5.2
Conditions for Payment
Commission shall only become payable where:
(a) a referral has become effective in accordance with clause 3.5;
(b) a Client Schedule is in place in respect of the relevant Referred Customer;
(c) the Referred Customer has entered into a binding agreement with Omega; and
(d) Omega has received cleared funds in respect of the underlying services or transactions.
Omega may withhold or suspend payment of any Commission where it reasonably suspects fraud, regulatory breach, or non-compliance with these Terms, pending investigation.
5.3
Qualifying Revenue
5.3.1
Where Commission is based on revenue generated by a Referred Customer, it shall be calculated by reference to qualifying revenue as specified in the applicable Client Schedule (“Qualifying Revenue”).
5.3.2
Unless otherwise agreed in writing, Qualifying Revenue may include fees generated from services provided by Omega, including payments, foreign exchange, subscriptions, platform fees, and other services.
5.3.3
Omega may reasonably determine the categorisation and allocation of revenue for the purposes of calculating Qualifying Revenue.
5.4
Adjustments and Exclusions
No Commission shall be payable in respect of any amounts which are: refunded, reversed, subject to chargeback, disputed, or attributable to fraudulent or unlawful activity.
Omega may withhold, adjust, or claw back Commission where it has been paid on amounts which are subsequently reduced, reversed, or determined not to qualify.
5.5
Payment Process
5.5.1
Commission shall be calculated and paid at such intervals as may be specified in the applicable Client Schedule.
5.5.2
Payment is conditional upon receipt of a valid and accurate invoice (where required by Omega), submitted in accordance with Omega’s instructions and applicable law.
5.5.3
Omega may set off any amounts owed by you against any Commission payable.
5.6
Changes to Pricing and Commission Structures
Omega may modify its pricing, products, or services from time to time. Any resulting changes to Commission structures shall apply on a prospective basis, unless otherwise agreed in writing or set out in a Client Schedule.
5.7
Taxes
All Commission is inclusive of any applicable taxes, including VAT, and no additional amounts shall be payable by Omega in respect of such taxes.
6. Partner fee discounts
6.1
Application of Discounts
Omega may, from time to time and at its discretion, apply discounts to fees charged to end customers in respect of services provided by third-party partners within the Omega Network. Such discounts may be funded, in whole or in part, from fees, commissions, or revenue share otherwise payable to Omega in connection with those services.
6.2
Scope and Variability
The availability, scope, and level of any such discount shall be determined by Omega and may vary depending on the relevant partner, customer, service, or commercial arrangement. Omega may modify, restrict, or withdraw any discount at any time.
6.3
No Entitlement
Nothing in these Terms shall entitle you or any customer to receive any discount. The application of any discount is at Omega’s discretion and may be subject to additional terms or conditions.
6.4
Third-Party Services
Services provided within the Omega Network are supplied by independent third parties. Omega does not guarantee the availability, pricing, or performance of such services and shall not be responsible for any acts, omissions, or pricing decisions of third-party providers.
7. Restrictions
You shall not, at any time in connection with the Program:
(a) misrepresent Omega, its services, or any relationship between you and Omega;
(b) provide, or purport to provide, regulated financial advice or any other regulated activity without the appropriate authorisation;
(c) engage in any form of unsolicited communications, spam, or marketing that is misleading, deceptive, or otherwise non-compliant with applicable laws or regulations;
(d) use Omega’s name, branding, or marketing materials without prior written approval; or
(e) engage in any conduct which may harm, or reasonably be expected to harm, Omega’s reputation, business, or regulatory standing.
8. Non-circumvention
8.1
Independence of Relationships
Nothing in these Terms restricts you from maintaining or developing independent relationships with your customers, including any Referred Customer.
8.2
Fair Dealing
You shall not, in connection with any Referred Customer, take any action with the intention of circumventing Omega in a manner that would deprive Omega of fees, revenue, or commercial opportunities arising from services provided by Omega.
8.3
Use of Omega Services
Where a Referred Customer engages Omega’s services, you shall not knowingly encourage or facilitate the avoidance or discontinuation of such services for the purpose of bypassing applicable fees or arrangements agreed with Omega.
8.4
Good Faith
You shall act in good faith in relation to all Referred Customers and in your dealings with Omega under the Program.
9. Compliance
9.1
Compliance with Laws
You shall comply, at all times, with all applicable laws, regulations, and regulatory requirements in connection with your participation in the Program, including applicable anti-bribery and anti-corruption laws (including the Bribery Act 2010) and, where relevant, financial promotion rules.
9.2
Regulatory Status and Financial Promotions
Omega is authorised and regulated by the Financial Conduct Authority. You shall not engage in any activity which could create regulatory risk for Omega, including making or communicating any financial promotion relating to Omega or its services unless such communication has been approved by Omega or is otherwise permitted under applicable law.
9.3
Oversight and Enforcement
Omega may, at any time, monitor or review your activities in connection with the Program to ensure compliance with these Terms and applicable regulations. Omega may suspend, restrict, or terminate your participation in the Program where it reasonably considers that you have breached this Section or that your activities give rise to legal or regulatory risk.
10. Data protection
10.1
Independent Controllers
Each party shall act as an independent controller in respect of any personal data processed in connection with the Program.
10.2
Compliance with Data Protection Laws
Each party shall comply with all applicable data protection laws and regulations, including the UK GDPR and the Data Protection Act 2018, in relation to any personal data processed under these Terms.
10.3
Lawful Sharing of Data
You shall ensure that any personal data shared with Omega has been collected and disclosed in accordance with applicable law, including ensuring that a valid legal basis exists for such sharing and that any required notices have been provided to the relevant individuals.
11. Intellectual property
11.1
Ownership
All intellectual property rights in and to Omega’s name, brand, platform, materials, and services (together, “Omega IP”) shall remain the sole and exclusive property of Omega or its licensors.
11.2
Limited Licence
Subject to these Terms, Omega may grant you a limited, non-exclusive, non-transferable, and revocable licence to use Omega IP solely for the purpose of participating in the Program and promoting Omega’s services.
11.3
Restrictions on Use
You shall not use Omega IP except as expressly permitted by Omega. In particular, you shall not use Omega’s name, branding, or marketing materials without prior written approval, or in any manner which is misleading, inconsistent with Omega’s brand guidelines, or otherwise detrimental to Omega.
11.4
Revocation
Omega may withdraw or restrict any licence granted under this Section at any time, and you shall promptly cease all use of Omega IP upon request or upon termination of your participation in the Program.
12. Confidentiality
12.1
Confidential Information
For the purposes of these Terms, “Confidential Information” means any non-public information disclosed by Omega to you in connection with the Program, including information relating to its business, customers, services, pricing, and operations.
12.2
Obligations
You shall:
(a) keep all Confidential Information confidential and secure;
(b) use such information solely for the purposes of participating in the Program; and
(c) not disclose such information to any third party without Omega’s prior written consent, except where required by law.
12.3
Survival
Your obligations under this Section shall continue after termination of your participation in the Program.
13. Liability
13.1
Exclusion of Certain Losses
To the fullest extent permitted by law, Omega shall not be liable for any indirect or consequential loss, or for any loss of profits, revenue, business, or anticipated savings, whether arising in contract, tort (including negligence), or otherwise, in connection with the Program or these Terms.
13.2
Limitation of Liability
Subject to clause 13.3, Omega’s total aggregate liability to you arising out of or in connection with the Program or these Terms shall not exceed the total amount of Commission paid to you by Omega in the 12 months preceding the event giving rise to the claim.
13.3
Non-Excludable Liability
Nothing in these Terms shall exclude or limit any liability which cannot be excluded or limited under applicable law, including liability for:
(a) death or personal injury caused by negligence;
(b) fraud or fraudulent misrepresentation; or
(c) any other liability which cannot lawfully be excluded or limited.
14. Term & termination
14.1
Term
These Terms shall apply from the date on which you are accepted into the Program and shall continue unless and until terminated in accordance with this Section.
14.2
Termination by Omega
Omega may, at any time and in its sole discretion, suspend, restrict, or terminate your participation in the Program, with or without notice.
14.3
Termination by You
You may terminate your participation in the Program at any time by providing written notice to Omega.
14.4
Effect of Termination
Upon termination of your participation in the Program:
(a) all rights granted to you under these Terms shall cease immediately;
(b) you shall cease all use of Omega IP and any association with the Program; and
(c) any entitlement to Commission shall be subject to the terms of the applicable Client Schedule and these Terms, and may be withheld or forfeited in the event of breach.
14.5
Survival
Any provisions of these Terms which by their nature are intended to survive termination shall continue in full force and effect, including (without limitation) Sections relating to confidentiality, liability, and compliance.
15. General
15.1
No Partnership or Agency
Nothing in these Terms shall create or be deemed to create any partnership, joint venture, agency, or employment relationship between you and Omega. You shall have no authority to act on behalf of, or bind, Omega in any way.
15.2
Assignment
You may not assign, transfer, or otherwise deal with any of your rights or obligations under these Terms without the prior written consent of Omega. Omega may assign or transfer its rights and obligations under these Terms at any time.
15.3
Variation
Omega may amend or update these Terms from time to time by publishing an updated version on its website or by otherwise notifying you. Continued participation in the Program following such update shall constitute acceptance of the revised Terms.
15.4
Severability
If any provision of these Terms is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect.
15.5
Governing Law
These Terms and any dispute or claim arising out of or in connection with them shall be governed by and construed in accordance with the laws of England and Wales.
15.6
Jurisdiction
The courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with these Terms.
Schedule 1 — Client schedule (per referred customer)
Each Client Schedule sets out the commercial terms applicable to a specific Referred Customer and may be created and agreed electronically.
1.
Referred Customer
Name / Entity:
Date of Referral:
Date of Referral:
2.
Partner Role
Referral Partner / Network Partner / Hybrid
3.
Commission Structure
Fixed Fee (if applicable):
Revenue Share (if applicable):
Revenue Share (if applicable):
4.
Qualifying Products
As selected or agreed in connection with the Referred Customer.
5.
Commission Duration
As specified for the relevant Referred Customer.
6.
Payment Terms
Including frequency, currency, and any applicable thresholds.
7.
Special Terms
Any additional commercial terms agreed between the parties.
