Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- DomesticTier D
- Scope
- Full-serviceTier A
- Tenure
- MatureTier B
No EEA passporting on record.
Authorised for 8 payment-services activities.
Authorised 5 years ago.
About this institution
Verified active. FUNDSTR UAB holds a current Lithuanian e-money licence under reference LB002008, issued by the Bank of Lithuania. Authorised activities include safeguarding of customer funds. Issuing payment instruments and acquiring payment transactions are also covered. Execution of payment transactions where funds are covered by a credit line is permitted. Issuance of electronic money, money remittance, and execution of payment transactions on a payment account are covered. Cash withdrawal services on a payment account, and cash deposit services on a payment account are also authorised.
No EEA passporting is on record.
The licence was granted on 10 November 2020. The Bank of Lithuania, reference LB002008, confirms the entity's authorisation continues as at the last cross-check.
Licence timeline
3 dated eventsDated events for FUNDSTR 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
79/102
FUNDSTR UAB is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 79th oldest of the 102 dated Lithuania EMI authorisations, one of 17 granted in 2020.
Is your money safe with FUNDSTR UAB?
FUNDSTR 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.
Authorised activities (PSD2 / EMD2)
Payment-services activities FUNDSTR UAB is permitted to carry out under its licence, as recorded in the register.
- Issuance of electronic moneyEMI_ISSUANCE
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Execution of payment transactions on a payment accountPSD2_3
- Cash withdrawal services on a payment accountPSD2_2
- Money remittancePSD2_6
- Safeguarding of customer fundsSAFEGUARDING
- Cash deposit services on a payment accountPSD2_1
- Execution of payment transactions where funds are covered by credit linePSD2_4
Frequently asked questions
- Is FUNDSTR UAB a licensed e-money institution?
- Yes. FUNDSTR UAB holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB002008. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates FUNDSTR UAB?
- FUNDSTR 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 FUNDSTR UAB's licence or FRN number?
- FUNDSTR UAB's licence reference number is LB002008. 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.
Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.
Other licensed institutions in Lithuania
Registered office
- Street
- Lvivo g. 105A
- City
- Vilnius, LT-08104
Ratings & reader notes
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