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. KP PAY LIMITED holds a current United Kingdom e-money licence. Its authorisation covers safeguarding of customer funds, issuance of electronic money and distribution and redemption of electronic money.
No passporting is currently recorded, indicating the licence does not extend beyond the United Kingdom.
Licence granted on 28 September 2021, as per the register. The register lists the United Kingdom Financial Conduct Authority, reference 926498, as active as at the last cross-check.
Licence timeline
3 dated eventsDated events for KP PAY 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
212/287
KP PAY LIMITED is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 212th oldest of the 287 dated United Kingdom EMI authorisations, one of 37 granted in 2021.
Is your money safe with KP PAY LIMITED?
KP PAY 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 KP PAY 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 KP PAY LIMITED a licensed e-money institution?
- Yes. KP PAY LIMITED holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 926498. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates KP PAY LIMITED?
- KP PAY 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 KP PAY LIMITED's licence or FRN number?
- KP PAY LIMITED's licence reference number is 926498. 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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