Licence number
920428959
Authorised since
26 Sept 2023
EEA passports
0
Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- DomesticTier D
- Scope
- Full-serviceTier A
- Tenure
- GrowingTier C
No EEA passporting on record.
Authorised for 8 payment-services activities.
Authorised 3 years ago.
About this institution
Verified active. NorgesGruppen Finans AS holds a current Norwegian e-money licence from the Financial Supervisory Authority of Norway (FI). The licence authorises issuance of electronic money; execution of payment transactions on a payment account; money remittance; cash deposit services on a payment account; safeguarding of customer funds; execution of payment transactions where funds are covered by a credit line; cash withdrawal services on a payment account; and issuance of payment instruments and acquisition of payment transactions.
The licence is not passported to other EEA states; no cross-border reach is listed in the register. Thus operations are confined to Norway.
Licence granted 26 September 2023. The Financial Supervisory Authority of Norway lists licence reference 920428959 and operational status active as of the last cross-check.
Licence timeline
3 dated eventsDated events for NorgesGruppen Finans AS, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Financial Supervisory Authority of Norway register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Financial Supervisory Authority of Norway
Position in the Norway register
Norway EMIs
10
Active
10
Full / small licences
10 / 0
Licence age rank
8/10
NorgesGruppen Finans AS is one of 10 e-money institutions on the Norway register, 10 of which are currently active. Its licence is the 8th oldest of the 10 dated Norway EMI authorisations, one of 2 granted in 2023.
Is your money safe with NorgesGruppen Finans AS?
NorgesGruppen Finans AS holds an e-money authorisation from Financial Supervisory Authority of Norway, 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 NorgesGruppen Finans AS is permitted to carry out under its licence, as recorded in the register.
- Cash deposit services on a payment accountPSD2_1
- Execution of payment transactions on a payment accountPSD2_3
- Execution of payment transactions where funds are covered by credit linePSD2_4
- Cash withdrawal services on a payment accountPSD2_2
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
- Money remittancePSD2_6
Frequently asked questions
- Is NorgesGruppen Finans AS a licensed e-money institution?
- Yes. NorgesGruppen Finans AS holds EMI authorisation from Financial Supervisory Authority of Norway in Norway, licence reference 920428959. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates NorgesGruppen Finans AS?
- NorgesGruppen Finans AS is authorised and supervised by Financial Supervisory Authority of Norway in Norway. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is NorgesGruppen Finans AS's licence or FRN number?
- NorgesGruppen Finans AS's licence reference number is 920428959. 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 Norway
Registered office
- Street
- Karenslyst allé 12
- City
- Oslo, 0278
Ratings & reader notes
0 written notes
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