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 5 years ago.
About this institution
Verified active. Finmo UK Group Limited holds a current UK e-money licence. The regulator is the Financial Conduct Authority. The licence authorises safeguarding of customer funds, issuance of electronic money, and distribution and redemption of electronic money.
No EEA passporting is on record.
Licence granted on 19 April 2021. The register lists the entity's authorisation continues. Licensed by the Financial Conduct Authority (reference 901102). Status as at the last cross-check: active.
Licence timeline
3 dated eventsDated events for Finmo UK Group 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
194/287
Finmo UK Group Limited is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 194th oldest of the 287 dated United Kingdom EMI authorisations, one of 37 granted in 2021.
Is your money safe with Finmo UK Group Limited?
Finmo UK Group 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 Finmo UK Group Limited is permitted to carry out under its licence, as recorded in the register.
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
Frequently asked questions
- Is Finmo UK Group Limited a licensed e-money institution?
- Yes. Finmo UK Group Limited holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 901102. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates Finmo UK Group Limited?
- Finmo UK Group 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 Finmo UK Group Limited's licence or FRN number?
- Finmo UK Group Limited's licence reference number is 901102. 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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