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Clearshift, UAB

Lithuania
4.0(97 ratings)ActiveEMI
View on register

Licence number

LB001955

Authorised since

19 Mar 2020

EEA passports

29

Profile rates

Data-derived · A is broadest

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

Reach
Pan-EuropeanTier A

Passports into 29 EEA jurisdictions.

Scope
SpecialistTier C

Authorised for 4 payment-services activities.

Tenure
MatureTier B

Authorised 6 years ago.

About this institution

Verified active. Clearshift, UAB holds a current Lithuanian e-money licence (LB001955) issued by Bank of Lithuania. The register lists four authorisations: safeguarding funds; executing payment transactions; issuing electronic money; issuing payment instruments and acquiring transactions.

The licence permits passporting to 29 EEA states. These include Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.

Data note: licence granted 19 March 2020; operational status registered as active; no passporting gaps recorded. The register lists license reference LB001955 under Bank of Lithuania, status active as of the last cross-check.

Licence timeline

3 dated events

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

  1. Cross-checked against the Bank of Lithuania register

    Automated daily verification of licence status and reference.

  2. First verified and added to this directory

  3. Licence granted by the Bank of Lithuania

Position in the Lithuania register

Lithuania EMIs

102

Active

102

Full / small licences

94 / 8

Licence age rank

69/102

Clearshift, UAB is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 69th oldest of the 102 dated Lithuania EMI authorisations, one of 17 granted in 2020.

Is your money safe with Clearshift, UAB?

Clearshift, UAB holds an e-money authorisation from Bank of Lithuania, 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.

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

EEA passporting

29 jurisdictions

Under the EU passporting regime, Clearshift, UAB can provide services across the following EEA jurisdictions, in addition to its home authorisation in Lithuania.

  • SpainSpain6
  • FranceFrance6
  • DenmarkDenmark6
  • GermanyGermany6
  • RomaniaRomania6
  • NorwayNorway6
  • NetherlandsNetherlands6
  • IrelandIreland6
  • FinlandFinland6
  • Czech RepublicCzech Republic6
  • LatviaLatvia6
  • SlovakiaSlovakia6
  • EstoniaEstonia6
  • BulgariaBulgaria6
  • BelgiumBelgium6
  • CroatiaCroatia6
  • ItalyItaly6
  • PolandPoland6
  • AustriaAustria6
  • SloveniaSlovenia6
  • CyprusCyprus6
  • LiechtensteinLiechtenstein6
  • GreeceGreece6
  • HungaryHungary6
  • SwedenSweden6
  • LuxembourgLuxembourg6
  • MaltaMalta6
  • PortugalPortugal6
  • IcelandIceland6

Authorised activities (PSD2 / EMD2)

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

  • Safeguarding of customer fundsSAFEGUARDING
  • Issuing payment instruments and acquiring payment transactionsPSD2_5
  • Execution of payment transactions on a payment accountPSD2_3
  • Issuance of electronic moneyEMI_ISSUANCE

Frequently asked questions

Is Clearshift, UAB a licensed e-money institution?
Yes. Clearshift, UAB holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB001955. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates Clearshift, UAB?
Clearshift, UAB is authorised and supervised by Bank of Lithuania in Lithuania. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
What is Clearshift, UAB's licence or FRN number?
Clearshift, UAB's licence reference number is LB001955. 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.
Is Clearshift, UAB authorised in other EEA countries?
Yes. Clearshift, UAB is passported to 29 EEA jurisdictions, meaning it can provide e-money and payment services across those countries on its home authorisation.

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

Other licensed institutions in Lithuania

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Registered office

Street
Upės g. 23
City
Vilnius, 08128

Ratings & reader notes

97 ratings · 0 written notes

4.0(97 ratings)
  • 5★46
  • 4★29
  • 3★7
  • 2★5
  • 1★10

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