Is Monemon AS a licensed e-money institution?

Yes. Monemon AS holds EMI authorisation from Estonian Financial Supervision Authority in Estonia, licence reference 16573117. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.

Who regulates Monemon AS?

Monemon AS is authorised and supervised by Estonian Financial Supervision Authority in Estonia. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.

What is Monemon AS's licence or FRN number?

Monemon AS's licence reference number is 16573117. 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.

Is Monemon AS authorised in other EEA countries?

Yes. Monemon AS is passported to 29 EEA jurisdictions, meaning it can provide e-money and payment services across those countries on its home authorisation.

Monemon AS

2.9(149 notes)ActiveEMI

View on register

Regulator

Estonian Financial Supervision Authority

Licence number

16573117

Authorised since

09 Oct 2023

EEA passports

Profile rates

Data-derived · A is broadest

Three named tiers comparing this institution against the rest of the European register.

Reach: Pan-EuropeanTier A
Scope: Multi-serviceTier B
Tenure: GrowingTier C

About this institution

Verified active. Monemon AS holds a current e-money licence issued by the Estonian Financial Supervision Authority on 9 October 2023. The entity is authorised to provide account information services, cash withdrawal services on payment accounts, execution of payment transactions, issuance of electronic money, issuing of payment instruments, acquiring of payment transactions, payment initiation services, and safeguarding of customer funds. Licence reference 16573117 confirms the scope of these activities as recorded in the register.

The licence extends across 29 EEA host states. Passporting is active into Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden. This geographic reach reflects the full span of the entity's cross-border authorisation as at the last register cross-check.

Data note: the licence granted date (9 October 2023) is on record. Operational status is active. The entity's authorisation continues under reference 16573117 with the Estonian Financial Supervision Authority.

EEA passporting

29 jurisdictions

Under the EU passporting regime, Monemon AS can provide services across the following EEA jurisdictions, in addition to its home authorisation in Estonia.

Croatia9
Portugal9
Norway9
Italy9
Iceland9
Spain9
Finland9
Malta9
Lithuania9
Austria9
Luxembourg9
Greece9
Belgium9
Hungary9
Germany9
Romania9
Slovakia9
Cyprus9
Denmark9
Liechtenstein9
Bulgaria9
Slovenia9
Latvia9
Sweden9
Ireland9
Czech Republic9
France9
Poland9
Netherlands9

Authorised activities (PSD2 / EMD2)

Payment-services activities Monemon AS is permitted to carry out under its licence, as recorded in the register.

Issuing payment instruments and acquiring payment transactionsPSD2_5
Payment initiation services (PIS)PSD2_7
Account information services (AIS)PSD2_8
Safeguarding of customer fundsSAFEGUARDING
Issuance of electronic moneyEMI_ISSUANCE
Execution of payment transactions on a payment accountPSD2_3
Cash withdrawal services on a payment accountPSD2_2

Frequently asked questions

Is Monemon AS a licensed e-money institution?: Yes. Monemon AS holds EMI authorisation from Estonian Financial Supervision Authority in Estonia, licence reference 16573117. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates Monemon AS?: Monemon AS is authorised and supervised by Estonian Financial Supervision Authority in Estonia. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
What is Monemon AS's licence or FRN number?: Monemon AS's licence reference number is 16573117. 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.
Is Monemon AS authorised in other EEA countries?: Yes. Monemon AS is passported to 29 EEA jurisdictions, meaning it can provide e-money and payment services across those countries on its home authorisation.

Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.

Other licensed institutions in Estonia

View all institutions in Estonia →

Registered office

Street: Mustamäe tee 16
City: Tallinn, 10617

Reader notes

0 published

Share what you know about Monemon AS. Guest comments - no account required. Be kind and on-topic.

No reader notes yet. Be the first to share what you know about this institution.