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 7 years ago.
About this institution
Verified active status confirms Global Star Finance Ltd's current electronic money licence. Global Star Finance Ltd holds a current UK electronic money licence issued by the FCA. The licence authorises the issuance of electronic money, safeguarding of customer funds, and distribution and redemption of electronic money. No passporting is recorded for this EMI within the FCA electronic money register. Therefore the licence does not provide an EEA passport for cross-border operations. Licence granted on 6 January 2019, as listed in the FCA database. As recorded in the FCA register, licence reference 902043 is active.
Licence timeline
3 dated eventsDated events for Global Star Finance Ltd, 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
115/287
Global Star Finance Ltd is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 115th oldest of the 287 dated United Kingdom EMI authorisations, one of 33 granted in 2019.
Is your money safe with Global Star Finance Ltd?
Global Star Finance Ltd 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 Global Star Finance Ltd is permitted to carry out under its licence, as recorded in the register.
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
- Issuance of electronic moneyEMI_ISSUANCE
- Safeguarding of customer fundsSAFEGUARDING
Frequently asked questions
- Is Global Star Finance Ltd a licensed e-money institution?
- Yes. Global Star Finance Ltd holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 902043. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates Global Star Finance Ltd?
- Global Star Finance Ltd 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 Global Star Finance Ltd's licence or FRN number?
- Global Star Finance Ltd's licence reference number is 902043. 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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