Monemon AS

About this institution

Dated events for Monemon AS, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.

1. 01 Oct 2026

   Cross-checked against the Estonian Financial Supervision Authority register

   Automated daily verification of licence status and reference.

2. 06 Jul 2026

   First verified and added to this directory

3. 09 Oct 2023

   Licence granted by the Estonian Financial Supervision Authority

Position in the Estonia register

Monemon AS is one of 3 e-money institutions on the Estonia register, 3 of which are currently active. Its licence is the 3rd oldest of the 3 dated Estonia EMI authorisations.

Is your money safe with Monemon AS?

Monemon AS holds an e-money authorisation from Estonian Financial Supervision 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.

How e-money safeguarding works → Verify on the register →

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

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

Authorised activities (PSD2 / EMD2)

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

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

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

• inHouse Pay AS
• IPF Digital AS

View all institutions in Estonia →

Registered office

Street

Mustamäe tee 16

City

Tallinn, 10617