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 7 years ago.
About this institution
Verified active. New Wave Capital Limited holds a current UK e-money licence from the Financial Conduct Authority, cross-checked against the FCA register. The licence authorises safeguarding of customer funds, issuance of electronic money, distribution and redemption of electronic money.
No EEA passporting is recorded. The licence covers the United Kingdom only, with no other host states. Therefore cross-border reach is limited to domestic UK operations.
Data note: licence granted 20 March 2019. The register confirms operational status as active. The FCA records the authorisation under reference 900922, status active as of the latest cross-check.
Licence timeline
3 dated eventsDated events for New Wave Capital 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
120/287
New Wave Capital Limited is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 120th oldest of the 287 dated United Kingdom EMI authorisations, one of 33 granted in 2019.
Is your money safe with New Wave Capital Limited?
New Wave Capital 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 New Wave Capital 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 New Wave Capital Limited a licensed e-money institution?
- Yes. New Wave Capital Limited holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 900922. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates New Wave Capital Limited?
- New Wave Capital 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 New Wave Capital Limited's licence or FRN number?
- New Wave Capital Limited's licence reference number is 900922. 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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