Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- DomesticTier D
- Scope
- SpecialistTier C
- Tenure
- MatureTier B
No EEA passporting on record.
Authorised for 3 payment-services activities.
Authorised 7 years ago.
About this institution
Verified active. Brazauk Ltd holds a current UK e-money licence under FCA reference 900901. The authorisation, issued in March 2019, covers issuance of electronic money, safeguarding of funds, and distribution and redemption of e-money.
No EEA passporting is on record. The licence is confined to the United Kingdom.
Data note: the licence was granted on 22 March 2019. The FCA register lists Brazauk Ltd (reference 900901) as active as at the last cross-check.
Licence timeline
3 dated eventsDated events for Brazauk Ltd, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Financial Conduct Authority register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Financial Conduct Authority
Position in the United Kingdom register
United Kingdom EMIs
474
Active
289
Full / small licences
403 / 71
Licence age rank
121/287
Brazauk Ltd is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 121st oldest of the 287 dated United Kingdom EMI authorisations, one of 33 granted in 2019.
Is your money safe with Brazauk Ltd?
Brazauk Ltd holds an e-money authorisation from Financial Conduct 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 the FSCS, 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.
Authorised activities (PSD2 / EMD2)
Payment-services activities Brazauk Ltd is permitted to carry out under its licence, as recorded in the register.
- Safeguarding of customer fundsSAFEGUARDING
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is Brazauk Ltd a licensed e-money institution?
- Yes. Brazauk Ltd holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 900901. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates Brazauk Ltd?
- Brazauk Ltd is authorised and supervised by Financial Conduct Authority in United Kingdom. Its e-money licence and current status are listed on the FCA Financial Services Register at register.fca.org.uk.
- What is Brazauk Ltd's licence or FRN number?
- Brazauk Ltd's licence reference number is 900901. Enter it on the FCA Financial Services Register at register.fca.org.uk 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 United Kingdom
Ratings & reader notes
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