Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- Pan-EuropeanTier A
- Scope
- Full-serviceTier A
- Tenure
- GrowingTier C
Passports into 29 EEA jurisdictions.
Authorised for 8 payment-services activities.
Authorised 3 years ago.
About this institution
Verified active. FinCause UAB holds a current Lithuanian e-money licence, authorised by the Bank of Lithuania (LB002187). The licence permits issuance of electronic money, cash deposit services, and execution of payment transactions. It also covers cash withdrawal services, safeguarding of customer funds, and issuing payment instruments. Additionally, the entity may acquire payment transactions where funds are covered by a credit line, and remit money. Issuance of electronic money allows customers to hold value digitally within payment accounts. Cash deposit services enable customers to add funds to their account via cash. Cash withdrawal services allow customers to retrieve cash from their payment account. Safeguarding of customer funds means FinCause must retain reserves separate from operating funds. Issuing payment instruments and acquiring transactions provide customers with payment cards and online payments. When funds are on a credit line, the entity can execute transactions up to that limit.
Cross-checked against the Bank of Lithuania register, FinCause's licence is passported into 29 EEA host states. Principal host states 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. The same regulatory status applies in each host state, eliminating local licensing requirements. FinCause may operate payment accounts, issue electronic money, and remit funds across the entire EEA.
Data note: the licence was granted on 9 March 2023 and the register lists no outstanding concerns. No additional data gaps are listed beyond the noted grant date. The Bank of Lithuania's register confirms the entity's licence continues under reference LB002187.
Licence timeline
3 dated eventsDated events for FinCause, UAB, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Bank of Lithuania register
Automated daily verification of licence status and reference.
First verified and added to this directory
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
99/102
FinCause, UAB is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 99th oldest of the 102 dated Lithuania EMI authorisations, one of 3 granted in 2023.
Is your money safe with FinCause, UAB?
FinCause, 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.
EEA passporting
29 jurisdictionsUnder the EU passporting regime, FinCause, UAB can provide services across the following EEA jurisdictions, in addition to its home authorisation in Lithuania.
Austria8
Slovakia8
Slovenia8
Sweden8
Norway8
Cyprus8
Ireland8
Croatia8
Liechtenstein8
Czech Republic8
Romania8
Bulgaria8
Malta8
Netherlands8
France8
Hungary8
Belgium8
Luxembourg8
Spain8
Greece8
Estonia8
Portugal8
Finland8
Latvia8
Italy8
Poland8
Germany8
Denmark8
Iceland8
Authorised activities (PSD2 / EMD2)
Payment-services activities FinCause, UAB 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
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Safeguarding of customer fundsSAFEGUARDING
- Money remittancePSD2_6
- Issuance of electronic moneyEMI_ISSUANCE
- Cash withdrawal services on a payment accountPSD2_2
- Execution of payment transactions on a payment accountPSD2_3
- Cash deposit services on a payment accountPSD2_1
Frequently asked questions
- Is FinCause, UAB a licensed e-money institution?
- Yes. FinCause, UAB holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB002187. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates FinCause, UAB?
- FinCause, 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 FinCause, UAB's licence or FRN number?
- FinCause, UAB's licence reference number is LB002187. 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 FinCause, UAB authorised in other EEA countries?
- Yes. FinCause, 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
Registered office
- Street
- Juozo Balčikonio g. 7-101
- City
- Vilnius, LT-08247
Ratings & reader notes
127 ratings · 0 written notes
- 5★58
- 4★38
- 3★11
- 2★10
- 1★10
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