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Licensed EMIsSee verified EMIs

Blocktech Oy

Finland
Not yet ratedActiveSmall EMI
View on register

Regulator

Finnish Financial Supervisory Authority

Licence number

27433279

Authorised since

07 Sept 2016

EEA passports

0

Profile rates

Data-derived · A is broadest

Three named tiers comparing this institution against the rest of the European register.

Reach
DomesticTier D

No EEA passporting on record.

Scope
Full-serviceTier A

Authorised for 8 payment-services activities.

Tenure
EstablishedTier A

Authorised 10 years ago.

About this institution

Verified active. Blocktech Oy holds a current Finnish Small EMI licence (reference 27433279) as recorded by the Finnish Financial Supervisory Authority. The licence authorises issuance of electronic money, issuance of payment instruments, acquisition of payment transactions, money remittance, cash withdrawal and deposit services on a payment account, execution of payment transactions covered by a credit line, safeguarding of customer funds, and execution of payment transactions on a payment account.

No EEA passporting host states are listed for this licence, so cross-border operations are not formally authorised through passporting. The license is confined to activities within Finland as recorded in the register.

Licence granted on 7 September 2016. The register records the entity as active. Finnish Financial Supervisory Authority, licence reference 27433279, status active.

Licence timeline

3 dated events

Dated events for Blocktech Oy, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.

  1. Cross-checked against the Finnish Financial Supervisory Authority register

    Automated daily verification of licence status and reference.

  2. First verified and added to this directory

  3. Small EMI registration granted by the Finnish Financial Supervisory Authority

Position in the Finland register

Finland EMIs

16

Active

16

Full / small licences

9 / 7

Licence age rank

3/16

Blocktech Oy is one of 16 e-money institutions on the Finland register, 16 of which are currently active. Its licence is the 3rd oldest of the 16 dated Finland EMI authorisations. As a small-EMI registration it operates domestically only - 7 of the 16 Finland entries use this lighter regime.

Is your money safe with Blocktech Oy?

Blocktech Oy holds a small-EMI registration from Finnish Financial Supervisory Authority, which means client money must be safeguarded: held separately from the firm's own funds at a credit institution, or covered by an equivalent insurance policy. E-money is not a bank deposit - it is not covered by a national deposit guarantee scheme, so there is no automatic compensation payout if the firm fails.

If an authorised EMI becomes insolvent, safeguarded funds sit outside the insolvency estate and are returned to customers by the administrator - repayment can take time, and administration costs may be deducted along the way. Small-EMI regimes are national and domestic-only; the exact safeguarding arrangements are worth confirming with the firm and its regulator.

How e-money safeguarding works → Verify on the register →

Authorised activities (PSD2 / EMD2)

Payment-services activities Blocktech Oy is permitted to carry out under its licence, as recorded in the register.

  • Execution of payment transactions where funds are covered by credit linePSD2_4
  • Issuance of electronic moneyEMI_ISSUANCE
  • Execution of payment transactions on a payment accountPSD2_3
  • Safeguarding of customer fundsSAFEGUARDING
  • Money remittancePSD2_6
  • Cash withdrawal services on a payment accountPSD2_2
  • Cash deposit services on a payment accountPSD2_1
  • Issuing payment instruments and acquiring payment transactionsPSD2_5

Frequently asked questions

Is Blocktech Oy a licensed e-money institution?
Yes. Blocktech Oy holds Small EMI authorisation from Finnish Financial Supervisory Authority in Finland, licence reference 27433279. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates Blocktech Oy?
Blocktech Oy is authorised and supervised by Finnish Financial Supervisory Authority in Finland. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
What is Blocktech Oy's licence or FRN number?
Blocktech Oy's licence reference number is 27433279. Enter it on the EBA EUCLID register at euclid.eba.europa.eu to confirm the institution's identity and that its authorisation is in force.

Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.

Other licensed institutions in Finland

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Registered office

Street
Taivaltie 5
City
VANTAA, 01610

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