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
- NewTier D
No EEA passporting on record.
Authorised for 4 payment-services activities.
Authorised within the last year.
About this institution
Verified active. MUSTPA LTD holds a current Cypriot e-money licence from the Central Bank of Cyprus. The licence authorises issuance of electronic money and issuing payment instruments. It also covers acquiring payment transactions, execution of payment transactions on a payment account and safeguarding of customer funds.
No passporting information is recorded for the licence. Hence, the licence does not currently grant cross-border activity beyond Cyprus.
Data note: licence granted 4 August 2026; operational status active. Central Bank of Cyprus, reference 115.1.3.87, active.
Licence timeline
3 dated eventsDated events for Mustpa Ltd, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Central Bank of Cyprus register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Central Bank of Cyprus
Position in the Cyprus register
Cyprus EMIs
35
Active
35
Full / small licences
35 / 0
Licence age rank
34/35
Mustpa Ltd is one of 35 e-money institutions on the Cyprus register, 35 of which are currently active. Its licence is the 34th oldest of the 35 dated Cyprus EMI authorisations, one of 3 granted in 2026.
Is your money safe with Mustpa Ltd?
Mustpa Ltd holds an e-money authorisation from Central Bank of Cyprus, 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.
Authorised activities (PSD2 / EMD2)
Payment-services activities Mustpa Ltd is permitted to carry out under its licence, as recorded in the register.
- Execution of payment transactions on a payment accountPSD2_3
- Issuance of electronic moneyEMI_ISSUANCE
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Safeguarding of customer fundsSAFEGUARDING
Frequently asked questions
- Is MUSTPA LTD a licensed e-money institution?
- Yes. MUSTPA LTD holds EMI authorisation from Central Bank of Cyprus in Cyprus, licence reference 115.1.3.87. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates MUSTPA LTD?
- MUSTPA LTD is authorised and supervised by Central Bank of Cyprus in Cyprus. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is MUSTPA LTD's licence or FRN number?
- MUSTPA LTD's licence reference number is 115.1.3.87. 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.
Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.
Other licensed institutions in Cyprus
Registered office
- Street
- 24 Grigoriou Xenopoulou, Kyza Building, Office 30
- City
- Nicosia, 1061
Ratings & reader notes
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