Licence number
40103453692
Authorised since
30 Dec 2011
EEA passports
0
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
- EstablishedTier A
No EEA passporting on record.
Authorised for 5 payment-services activities.
Authorised 14 years ago.
About this institution
Verified active. LatCard AS holds a current Latvian small EMI licence, reference 40103453692, issued by the Latvian Financial and Capital Market Commission on 30 December 2011. The entity is authorised to safeguard customer funds, issue electronic money, issue payment instruments and acquire payment transactions, remit money and execute payment transactions on a payment account.
The register does not contain any passporting information for this licence, indicating no EEA host states are recorded.
Data note: licence-granted date is recorded as 30 December 2011, and no passporting count appears in the register. The Latvian Financial and Capital Market Commission, reference 40103453692, confirms the entity remains active as at the last cross-check.
Licence timeline
3 dated eventsDated events for LatCard, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Latvian Financial and Capital Market Commission register
Automated daily verification of licence status and reference.
First verified and added to this directory
Small EMI registration granted by the Latvian Financial and Capital Market Commission
Position in the Latvia register
Latvia EMIs
21
Active
21
Full / small licences
12 / 9
Licence age rank
4/21
LatCard is one of 21 e-money institutions on the Latvia register, 21 of which are currently active. Its licence is the 4th oldest of the 21 dated Latvia EMI authorisations, one of 4 granted in 2011. As a small-EMI registration it operates domestically only - 9 of the 21 Latvia entries use this lighter regime.
Is your money safe with LatCard?
LatCard holds a small-EMI registration from Latvian Financial and Capital Market 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. Small-EMI regimes are national and domestic-only; the exact safeguarding arrangements are worth confirming with the firm and its regulator.
Authorised activities (PSD2 / EMD2)
Payment-services activities LatCard is permitted to carry out under its licence, as recorded in the register.
- Safeguarding of customer fundsSAFEGUARDING
- Money remittancePSD2_6
- Execution of payment transactions on a payment accountPSD2_3
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is LatCard a licensed e-money institution?
- Yes. LatCard holds Small EMI authorisation from Latvian Financial and Capital Market Commission in Latvia, licence reference 40103453692. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates LatCard?
- LatCard is authorised and supervised by Latvian Financial and Capital Market Commission in Latvia. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is LatCard's licence or FRN number?
- LatCard's licence reference number is 40103453692. 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 Latvia
Registered office
- Street
- Krišjāņa Barona iela 55 - 17
- City
- Rīga, LV-1001
Ratings & reader notes
0 written notes
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