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 5 years ago.
About this institution
Verified active. OMEGA BAAP LIMITED is authorised by the FCA to issue electronic money. It also holds safeguards for customer funds under the same licence. Distribution and redemption of electronic money are covered activities.
No EEA passporting information is recorded in the register.
Licence granted 12 February 2021, confirming operational status is active. Data note: no passporting states on record. The register lists licence reference 901093 under FCA with status active.
Licence timeline
3 dated eventsDated events for OMEGA BAAP 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
189/287
OMEGA BAAP LIMITED is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 189th oldest of the 287 dated United Kingdom EMI authorisations, one of 37 granted in 2021.
Is your money safe with OMEGA BAAP LIMITED?
OMEGA BAAP 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 OMEGA BAAP LIMITED is permitted to carry out under its licence, as recorded in the register.
- Issuance of electronic moneyEMI_ISSUANCE
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
- Safeguarding of customer fundsSAFEGUARDING
Frequently asked questions
- Is OMEGA BAAP LIMITED a licensed e-money institution?
- Yes. OMEGA BAAP LIMITED holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 901093. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates OMEGA BAAP LIMITED?
- OMEGA BAAP 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 OMEGA BAAP LIMITED's licence or FRN number?
- OMEGA BAAP LIMITED's licence reference number is 901093. 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
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