Regulator
Licence number
C55146
Authorised since
30 Apr 2012
EEA passports
29
Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- Pan-EuropeanTier A
- Scope
- Multi-serviceTier B
- Tenure
- EstablishedTier A
Passports into 29 EEA jurisdictions.
Authorised for 7 payment-services activities.
Authorised 14 years ago.
About this institution
Verified active. Papaya Ltd holds a current e-money licence issued by Malta's Financial Services Authority on 30 April 2012. The licence, reference C55146, authorises a broad set of payment and money services. The entity may conduct cash deposit and withdrawal services on payment accounts. It executes payment transactions both on standard accounts and where funds are covered by a credit line. Papaya Ltd is also authorised to issue electronic money, issue payment instruments, acquire payment transactions, and safeguard customer funds on behalf of its clients.
The entity's authorisation extends across 29 EEA host states. Principal passporting jurisdictions include Germany, France, Spain, Italy, the Netherlands, and Poland. The licence is also recognised in Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, Greece, Hungary, Iceland, Ireland, Latvia, Liechtenstein, Lithuania, Luxembourg, Norway, Portugal, Romania, Slovakia, Slovenia, and Sweden.
As recorded in the Malta Financial Services Authority register, Papaya Ltd's operational status is active. The licence granted date is documented. Cross-checked against the authorising register as at the last verification point: Malta Financial Services Authority, licence reference C55146, status active.
Licence timeline
3 dated eventsDated events for PAPAYA LTD, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Malta Financial Services Authority register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Malta Financial Services Authority
Position in the Malta register
Malta EMIs
43
Active
43
Full / small licences
43 / 0
Licence age rank
2/43
PAPAYA LTD is one of 43 e-money institutions on the Malta register, 43 of which are currently active. Its licence is the 2nd oldest of the 43 dated Malta EMI authorisations, one of 2 granted in 2012.
Is your money safe with PAPAYA LTD?
PAPAYA LTD holds an e-money authorisation from Malta Financial Services 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 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.
EEA passporting
29 jurisdictionsUnder the EU passporting regime, PAPAYA LTD can provide services across the following EEA jurisdictions, in addition to its home authorisation in Malta.
Hungary8
Iceland8
Bulgaria8
Czech Republic8
Liechtenstein8
Romania8
Lithuania8
Slovakia8
Poland8
Ireland8
Finland8
Austria8
Germany8
Croatia8
Portugal8
Italy9
Greece9
Estonia8
Netherlands8
Slovenia8
France8
Norway8
Latvia8
Luxembourg8
Denmark8
Cyprus8
Spain9
Sweden8
Belgium8
Authorised activities (PSD2 / EMD2)
Payment-services activities PAPAYA LTD is permitted to carry out under its licence, as recorded in the register.
- Issuance of electronic moneyEMI_ISSUANCE
- Safeguarding of customer fundsSAFEGUARDING
- Cash deposit services on a payment accountPSD2_1
- Execution of payment transactions where funds are covered by credit linePSD2_4
- Execution of payment transactions on a payment accountPSD2_3
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Cash withdrawal services on a payment accountPSD2_2
Frequently asked questions
- Is PAPAYA LTD a licensed e-money institution?
- Yes. PAPAYA LTD holds EMI authorisation from Malta Financial Services Authority in Malta, licence reference C55146. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates PAPAYA LTD?
- PAPAYA LTD is authorised and supervised by Malta Financial Services Authority in Malta. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is PAPAYA LTD's licence or FRN number?
- PAPAYA LTD's licence reference number is C55146. 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 PAPAYA LTD authorised in other EEA countries?
- Yes. PAPAYA LTD is passported to 29 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 Malta
Registered office
- Street
- Level 1, Suite no. 5, Tower Business Centre, Tower Street, Swatar
- City
- Birkirkara, BKR 4013
Ratings & reader notes
58 ratings · 0 written notes
- 5★31
- 4★10
- 3★8
- 2★3
- 1★6
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