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
- GrowingTier C
No EEA passporting on record.
Authorised for 3 payment-services activities.
Authorised 3 years ago.
About this institution
Verified active. Navro Payments Limited holds a UK e-money licence from the Financial Conduct Authority, reference 982631, awarded 31 August 2023. The licence authorises distribution and redemption of electronic money, issuance of electronic money, and safeguarding of customer funds. The entity operates under the FCA regulatory framework in the United Kingdom.
Passporting rights are currently unregistered; the entity operates only within the United Kingdom. No EEA host states are listed.
Data note: the licence granted date is 31 August 2023, and the operational status is active. The register lists the Financial Conduct Authority, reference 982631, and confirms the status as active.
Licence timeline
3 dated eventsDated events for Navro Payments Limited, 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
236/287
Navro Payments Limited is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 236th oldest of the 287 dated United Kingdom EMI authorisations, one of 14 granted in 2023.
Is your money safe with Navro Payments Limited?
Navro Payments Limited 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 Navro Payments Limited is permitted to carry out under its licence, as recorded in the register.
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
- Issuance of electronic moneyEMI_ISSUANCE
- Safeguarding of customer fundsSAFEGUARDING
Frequently asked questions
- Is Navro Payments Limited a licensed e-money institution?
- Yes. Navro Payments Limited holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 982631. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates Navro Payments Limited?
- Navro Payments Limited 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 Navro Payments Limited's licence or FRN number?
- Navro Payments Limited's licence reference number is 982631. 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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