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 as at the latest FCA register cross-check. Monavate Ltd holds a current UK electronic money licence under Financial Conduct Authority regulation, reference 901097, granted in November 2020.
The licence authorises three core activities: distribution and redemption of electronic money, issuance of electronic money, and safeguarding of customer funds. These powers are exercised within the United Kingdom only. The register lists no EEA passporting rights, meaning the entity's authorisation does not extend to host-state operations across the European Economic Area.
Data note: the register records confirm operational status as active. No cross-border passporting is on record. The FCA Financial Services Register entry, reference 901097, stands as the definitive source for this entity's current authorisation scope and status.
Authorised activities (PSD2 / EMD2)
Payment-services activities MONAVATE LTD is permitted to carry out under its licence, as recorded in the register.
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is MONAVATE LTD a licensed e-money institution?
- Yes. MONAVATE LTD holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 901097. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates MONAVATE LTD?
- MONAVATE LTD 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 MONAVATE LTD's licence or FRN number?
- MONAVATE LTD's licence reference number is 901097. 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
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