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 6 years ago.
About this institution
Verified active. Monitox Ltd holds a current UK e-money licence (LIC 901012) granted 7 March 2020. The licence authorises safeguarding of customer funds, issuance of electronic money, and distribution and redemption of electronic money.
Cross-border passporting: none recorded.
Data note: the licence-granted date is recorded; no EEA passporting is on record. The register lists Monitox Ltd (LIC 901012) as active as of the last cross-check against the FCA register.
Licence timeline
3 dated eventsDated events for Monitox Ltd, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Financial Conduct Authority register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Financial Conduct Authority
Position in the United Kingdom register
United Kingdom EMIs
474
Active
289
Full / small licences
403 / 71
Licence age rank
150/287
Monitox Ltd is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 150th oldest of the 287 dated United Kingdom EMI authorisations, one of 39 granted in 2020.
Is your money safe with Monitox Ltd?
Monitox Ltd holds an e-money authorisation from Financial Conduct 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 the FSCS, 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 Monitox Ltd is permitted to carry out under its licence, as recorded in the register.
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
Frequently asked questions
- Is Monitox Ltd a licensed e-money institution?
- Yes. Monitox Ltd holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 901012. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates Monitox Ltd?
- Monitox 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 Monitox Ltd's licence or FRN number?
- Monitox Ltd's licence reference number is 901012. 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
Ratings & reader notes
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