Monerium

About this institution

Dated events for Monerium, 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 Financial Supervisory Authority of Iceland register

   Automated daily verification of licence status and reference.

2. 06 Jul 2026

   First verified and added to this directory

3. 11 Jun 2019

   Licence granted by the Financial Supervisory Authority of Iceland

Position in the Iceland register

Monerium is one of 4 e-money institutions on the Iceland register, 4 of which are currently active. Its licence is the 2nd oldest of the 4 dated Iceland EMI authorisations.

Is your money safe with Monerium?

Monerium holds an e-money authorisation from Financial Supervisory Authority of Iceland, 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, Monerium can provide services across the following EEA jurisdictions, in addition to its home authorisation in Iceland.

• Greece1
• Luxembourg1
• Estonia1
• Malta1
• Lithuania1
• Belgium1
• Spain1
• Slovenia1
• Denmark1
• Netherlands1
• France1
• Poland1
• Norway1
• Ireland1
• Czech Republic1
• Finland1
• Austria1
• Cyprus1
• Sweden1
• Slovakia1
• Latvia1
• Croatia1
• Bulgaria1
• Liechtenstein1
• Italy1
• Germany1
• Portugal1
• Romania1
• Hungary1

Authorised activities (PSD2 / EMD2)

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

• ✓Safeguarding of customer fundsSAFEGUARDING
• ✓Issuance of electronic moneyEMI_ISSUANCE

Frequently asked questions

Is Monerium a licensed e-money institution?

Yes. Monerium holds EMI authorisation from Financial Supervisory Authority of Iceland in Iceland, licence reference 5711100240. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.

Who regulates Monerium?

Monerium is authorised and supervised by Financial Supervisory Authority of Iceland in Iceland. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.

What is Monerium's licence or FRN number?

Monerium's licence reference number is 5711100240. 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 Monerium authorised in other EEA countries?

Yes. Monerium 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 Iceland

• Monerium ehf.
• Rapyd Europe hf.
• Rapyd

View all institutions in Iceland →

Registered office

Street

Bjargargötu 1

City

Reykjavik, 102