Licence number
29122108
Authorised since
15 Nov 2019
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
- MatureTier B
No EEA passporting on record.
Authorised for 6 payment-services activities.
Authorised 6 years ago.
About this institution
Verified active. MobilePay Finland Oy holds a current Finnish EMI licence, granted 15 November 2019. It is authorised to issue payment instruments and acquire payment transactions. It may issue electronic money and safeguard customer funds. It can execute payment transactions on a payment account and where funds are covered by a credit line. It may carry out money remittance.
No European Economic Area passporting is listed for this licence.
Data note: the licence was granted 15 November 2019 and the operational status is active. Finnish Financial Supervisory Authority, reference 29122108, active, as recorded at the last cross-check.
Licence timeline
3 dated eventsDated events for MobilePay Finland Oy, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Finnish Financial Supervisory Authority register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Finnish Financial Supervisory Authority
Position in the Finland register
Finland EMIs
16
Active
16
Full / small licences
9 / 7
Licence age rank
6/16
MobilePay Finland Oy is one of 16 e-money institutions on the Finland register, 16 of which are currently active. Its licence is the 6th oldest of the 16 dated Finland EMI authorisations, one of 2 granted in 2019.
Is your money safe with MobilePay Finland Oy?
MobilePay Finland Oy holds an e-money authorisation from Finnish Financial Supervisory 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 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 MobilePay Finland Oy is permitted to carry out under its licence, as recorded in the register.
- Execution of payment transactions on a payment accountPSD2_3
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Money remittancePSD2_6
- Execution of payment transactions where funds are covered by credit linePSD2_4
Frequently asked questions
- Is MobilePay Finland Oy a licensed e-money institution?
- Yes. MobilePay Finland Oy holds EMI authorisation from Finnish Financial Supervisory Authority in Finland, licence reference 29122108. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates MobilePay Finland Oy?
- MobilePay Finland Oy is authorised and supervised by Finnish Financial Supervisory Authority in Finland. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is MobilePay Finland Oy's licence or FRN number?
- MobilePay Finland Oy's licence reference number is 29122108. 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 Finland
Registered office
- Street
- Keskuskatu 4, 6. krs
- City
- HELSINKI, 00100
Ratings & reader notes
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