Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- DomesticTier D
- Scope
- Multi-serviceTier B
- Tenure
- MatureTier B
No EEA passporting on record.
Authorised for 5 payment-services activities.
Authorised 6 years ago.
About this institution
Verified active. HYPE S.P.A. holds a current Italian e-money licence. The licence authorises issuance of electronic money and safeguarding of customer funds. It also covers payment initiation services, execution of payment transactions on a payment account. Account information services round out the authorised activity scope.
No EEA passporting is on record for this licence. The register lists only Italy as the host state.
Licence reference 02686590023 was granted 19 February 2020 by Banca d'Italia. The register confirms the operational status as active as at the last cross check.
Licence timeline
3 dated eventsDated events for HYPE S.P.A., from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Banca d'Italia register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Banca d'Italia
Position in the Italy register
Italy EMIs
15
Active
15
Full / small licences
15 / 0
Licence age rank
9/15
HYPE S.P.A. is one of 15 e-money institutions on the Italy register, 15 of which are currently active. Its licence is the 9th oldest of the 15 dated Italy EMI authorisations.
Is your money safe with HYPE S.P.A.?
HYPE S.P.A. holds an e-money authorisation from Banca d'Italia, 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 HYPE S.P.A. is permitted to carry out under its licence, as recorded in the register.
- Safeguarding of customer fundsSAFEGUARDING
- Payment initiation services (PIS)PSD2_7
- Execution of payment transactions on a payment accountPSD2_3
- Account information services (AIS)PSD2_8
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is HYPE S.P.A. a licensed e-money institution?
- Yes. HYPE S.P.A. holds EMI authorisation from Banca d'Italia in Italy, licence reference 02686590023. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates HYPE S.P.A.?
- HYPE S.P.A. is authorised and supervised by Banca d'Italia in Italy. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is HYPE S.P.A.'s licence or FRN number?
- HYPE S.P.A.'s licence reference number is 02686590023. 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 Italy
Registered office
- Street
- PIAZZA GAUDENZIO SELLA, 1
- City
- BIELLA, 13900
Ratings & reader notes
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