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 8 years ago.
About this institution
Verified active. Cardaq Limited holds a current licence issued by the Financial Conduct Authority under reference 900088. The entity is authorised to provide three core e-money services: safeguarding of customer funds, issuance of electronic money, and distribution and redemption of electronic money. Cross-check against the FCA register confirms operational status as active.
The register records no EEA passporting activity. Cardaq Limited operates within the United Kingdom under its domestic authorisation only, with no recorded host state appointments across the European Economic Area.
Data note: the licence was granted on 18 May 2018. The register holds no record of any subsequent material variation or suspension. As at the last cross-check, the Financial Conduct Authority confirms Cardaq Limited, licence reference 900088, as an active electronic money institution.
Licence timeline
3 dated eventsDated events for Cardaq Limited, 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
67/287
Cardaq Limited is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 67th oldest of the 287 dated United Kingdom EMI authorisations, one of 112 granted in 2018.
Is your money safe with Cardaq Limited?
Cardaq Limited 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 Cardaq Limited is permitted to carry out under its licence, as recorded in the register.
- Issuance of electronic moneyEMI_ISSUANCE
- Safeguarding of customer fundsSAFEGUARDING
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
Frequently asked questions
- Is Cardaq Limited a licensed e-money institution?
- Yes. Cardaq Limited holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 900088. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates Cardaq Limited?
- Cardaq Limited 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 Cardaq Limited's licence or FRN number?
- Cardaq Limited's licence reference number is 900088. 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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