Licence number
115.1.3.68
Authorised since
13 Feb 2025
EEA passports
29
Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- Pan-EuropeanTier A
- Scope
- SpecialistTier C
- Tenure
- NewTier D
Passports into 29 EEA jurisdictions.
Authorised for 4 payment-services activities.
Authorised under 2 years ago.
About this institution
Verified active. HAPIC LIMITED is an electronic money institution authorised under licence reference 115.1.3.68 by the Cyprus Securities and Exchange Commission. The licence, granted 13 February 2025, authorises the safeguarding of customer funds, the issuance of payment instruments and the acquisition of payment transactions, the execution of payment transactions on a payment account, and the issuance of electronic money.
Passporting provides HAPIC LIMITED with a presence in 29 EEA member states, as recorded by the register. Those states are Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden. The licence enables the entity to carry out the authorised activities in each of these jurisdictions. The licence is compliant with the EU Payment Services Directive, allowing the entity to operate in all listed countries on a single regulatory basis. The passporting count of 29 host states indicates that the licence extends across all key EU and associated markets, including Norway and Iceland.
The register lists no further information on any restrictions or conditions tied to the licence, and no data on regulatory actions or reviews have been entered as of the latest update. Cross-checked against the Cyprus Securities and Exchange Commission register, licence reference 115.1.3.68 confirms status as active as at the last cross-check.
Licence timeline
3 dated eventsDated events for HAPIC LIMITED, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Cyprus Securities and Exchange Commission register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Cyprus Securities and Exchange Commission
Position in the Cyprus register
Cyprus EMIs
35
Active
35
Full / small licences
35 / 0
Licence age rank
29/35
HAPIC LIMITED is one of 35 e-money institutions on the Cyprus register, 35 of which are currently active. Its licence is the 29th oldest of the 35 dated Cyprus EMI authorisations, one of 4 granted in 2025.
Is your money safe with HAPIC LIMITED?
HAPIC LIMITED holds an e-money authorisation from Cyprus Securities and Exchange Commission, 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, HAPIC LIMITED can provide services across the following EEA jurisdictions, in addition to its home authorisation in Cyprus.
Norway6
Finland6
Slovakia6
Hungary6
Liechtenstein6
Austria6
Netherlands6
Luxembourg6
Iceland6
Ireland6
Denmark6
Slovenia6
Poland6
Spain6
Lithuania6
Estonia6
Czech Republic6
Bulgaria6
Croatia6
Malta6
Latvia6
Belgium6
Portugal6
Germany6
Sweden6
Italy6
Romania6
Greece6
France6
Authorised activities (PSD2 / EMD2)
Payment-services activities HAPIC LIMITED is permitted to carry out under its licence, as recorded in the register.
- Safeguarding of customer fundsSAFEGUARDING
- Execution of payment transactions on a payment accountPSD2_3
- Issuance of electronic moneyEMI_ISSUANCE
- Issuing payment instruments and acquiring payment transactionsPSD2_5
Frequently asked questions
- Is HAPIC LIMITED a licensed e-money institution?
- Yes. HAPIC LIMITED holds EMI authorisation from Cyprus Securities and Exchange Commission in Cyprus, licence reference 115.1.3.68. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates HAPIC LIMITED?
- HAPIC LIMITED is authorised and supervised by Cyprus Securities and Exchange Commission in Cyprus. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is HAPIC LIMITED's licence or FRN number?
- HAPIC LIMITED's licence reference number is 115.1.3.68. 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 HAPIC LIMITED authorised in other EEA countries?
- Yes. HAPIC LIMITED 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 Cyprus
Registered office
- Street
- 2 Kalliopis Street, Germasogeia
- City
- Limassol, 4040
Ratings & reader notes
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