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NoFrixion Limited

Ireland
3.8(48 ratings)ActiveEMI
View on register

Licence number

C458163

Authorised since

25 Jul 2023

EEA passports

20

Profile rates

Data-derived · A is broadest

Three named tiers comparing this institution against the rest of the European register.

Reach
Multi-marketTier B

Passports into 20 EEA jurisdictions.

Scope
Multi-serviceTier B

Authorised for 6 payment-services activities.

Tenure
GrowingTier C

Authorised 3 years ago.

About this institution

Verified active. NoFrixion Limited holds a current Irish e-money licence C458163 issued by the Central Bank of Ireland. The licence authorises safeguarding of customer funds and payment initiation services. It also authorises execution of payment transactions on a payment account, issuing payment instruments and acquiring payment transactions. The licence covers issuance of electronic money and account information services.

Passporting extends to 20 EEA host states, including Austria, Belgium, Croatia, Denmark, Finland, France, Germany, Greece, Iceland, Italy, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Spain and Sweden.

The licence was granted on 25 July 2023, as recorded in the Central Bank of Ireland register. The register lists reference C458163 and confirms the entity's authorisation continues as active.

Licence timeline

3 dated events

Dated events for NoFrixion Limited, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.

  1. Cross-checked against the Central Bank of Ireland register

    Automated daily verification of licence status and reference.

  2. First verified and added to this directory

  3. Licence granted by the Central Bank of Ireland

Position in the Ireland register

Ireland EMIs

30

Active

30

Full / small licences

30 / 0

Licence age rank

23/30

NoFrixion Limited is one of 30 e-money institutions on the Ireland register, 30 of which are currently active. Its licence is the 23rd oldest of the 30 dated Ireland EMI authorisations, one of 5 granted in 2023.

Is your money safe with NoFrixion Limited?

NoFrixion Limited holds an e-money authorisation from Central Bank of Ireland, 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 →

EEA passporting

20 jurisdictions

Under the EU passporting regime, NoFrixion Limited can provide services across the following EEA jurisdictions, in addition to its home authorisation in Ireland.

  • PolandPoland8
  • AustriaAustria8
  • SpainSpain8
  • SlovakiaSlovakia8
  • GreeceGreece8
  • ItalyItaly8
  • BelgiumBelgium8
  • MaltaMalta8
  • NorwayNorway8
  • FinlandFinland8
  • FranceFrance8
  • NetherlandsNetherlands8
  • LuxembourgLuxembourg8
  • CroatiaCroatia8
  • RomaniaRomania8
  • SwedenSweden8
  • IcelandIceland8
  • GermanyGermany8
  • DenmarkDenmark8
  • PortugalPortugal8

Authorised activities (PSD2 / EMD2)

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

  • Payment initiation services (PIS)PSD2_7
  • Issuance of electronic moneyEMI_ISSUANCE
  • Execution of payment transactions on a payment accountPSD2_3
  • Safeguarding of customer fundsSAFEGUARDING
  • Account information services (AIS)PSD2_8
  • Issuing payment instruments and acquiring payment transactionsPSD2_5

Frequently asked questions

Is NoFrixion Limited a licensed e-money institution?
Yes. NoFrixion Limited holds EMI authorisation from Central Bank of Ireland in Ireland, licence reference C458163. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates NoFrixion Limited?
NoFrixion Limited is authorised and supervised by Central Bank of Ireland in Ireland. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
What is NoFrixion Limited's licence or FRN number?
NoFrixion Limited's licence reference number is C458163. 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 NoFrixion Limited authorised in other EEA countries?
Yes. NoFrixion Limited is passported to 20 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 Ireland

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Registered office

Street
8 Harcourt Street
City
Dublin 2, D02 AF58

Ratings & reader notes

48 ratings · 0 written notes

3.8(48 ratings)
  • 5★20
  • 4★9
  • 3★11
  • 2★5
  • 1★3

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