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Payhawk Financial Services

Lithuania

Legal name: Payhawk Financial Services UAB

4.3(55 ratings)ActiveEMI
View on register

Licence number

LB002200

Authorised since

11 Jul 2023

EEA passports

29

Profile rates

Data-derived · A is broadest

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

Reach
Pan-EuropeanTier A

Passports into 29 EEA jurisdictions.

Scope
Full-serviceTier A

Authorised for 8 payment-services activities.

Tenure
GrowingTier C

Authorised 3 years ago.

About this institution

Verified active. Payhawk Financial Services UAB holds a current Lithuanian e-money licence issued by the Bank of Lithuania. Authorized activities include payment initiation services, execution of payment transactions on a payment account, safeguarding customer funds. The licence also covers issuing payment instruments, acquiring payment transactions, account information services and cash withdrawal. Additionally, it permits execution of payment transactions where funds are covered by a credit line and issuance of electronic money.

The licence passports to 29 EEA states, including Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.

Licence granted 11 July 2023; no data gaps are recorded in the register. The register lists Licence reference LB002200, issued by the Bank of Lithuania, status active as of the latest cross-check.

Licence timeline

3 dated events

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

  1. Cross-checked against the Bank of Lithuania register

    Automated daily verification of licence status and reference.

  2. First verified and added to this directory

  3. Licence granted by the Bank of Lithuania

Position in the Lithuania register

Lithuania EMIs

102

Active

102

Full / small licences

94 / 8

Licence age rank

100/102

Payhawk Financial Services is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 100th oldest of the 102 dated Lithuania EMI authorisations, one of 3 granted in 2023.

Is your money safe with Payhawk Financial Services?

Payhawk Financial Services holds an e-money authorisation from Bank of Lithuania, 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

29 jurisdictions

Under the EU passporting regime, Payhawk Financial Services can provide services across the following EEA jurisdictions, in addition to its home authorisation in Lithuania.

  • BelgiumBelgium12
  • AustriaAustria12
  • LatviaLatvia12
  • RomaniaRomania12
  • Czech RepublicCzech Republic12
  • PortugalPortugal12
  • PolandPoland12
  • HungaryHungary12
  • NorwayNorway12
  • MaltaMalta12
  • SloveniaSlovenia12
  • FranceFrance12
  • LuxembourgLuxembourg12
  • NetherlandsNetherlands12
  • BulgariaBulgaria12
  • CyprusCyprus12
  • LiechtensteinLiechtenstein12
  • IrelandIreland12
  • EstoniaEstonia12
  • GreeceGreece12
  • SpainSpain12
  • GermanyGermany12
  • CroatiaCroatia12
  • SwedenSweden12
  • DenmarkDenmark12
  • FinlandFinland12
  • IcelandIceland12
  • ItalyItaly12
  • SlovakiaSlovakia12

Authorised activities (PSD2 / EMD2)

Payment-services activities Payhawk Financial Services is permitted to carry out under its licence, as recorded in the register.

  • Cash withdrawal services on a payment accountPSD2_2
  • Execution of payment transactions on a payment accountPSD2_3
  • Issuing payment instruments and acquiring payment transactionsPSD2_5
  • Execution of payment transactions where funds are covered by credit linePSD2_4
  • Account information services (AIS)PSD2_8
  • Safeguarding of customer fundsSAFEGUARDING
  • Issuance of electronic moneyEMI_ISSUANCE
  • Payment initiation services (PIS)PSD2_7

Frequently asked questions

Is Payhawk Financial Services a licensed e-money institution?
Yes. Payhawk Financial Services holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB002200. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates Payhawk Financial Services?
Payhawk Financial Services is authorised and supervised by Bank of Lithuania in Lithuania. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
What is Payhawk Financial Services's licence or FRN number?
Payhawk Financial Services's licence reference number is LB002200. 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 Payhawk Financial Services authorised in other EEA countries?
Yes. Payhawk Financial Services 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 Lithuania

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Registered office

Street
Gedimino st. 20
City
Vilnius, 01103

Ratings & reader notes

55 ratings · 0 written notes

4.3(55 ratings)
  • 5★31
  • 4★15
  • 3★6
  • 2★2
  • 1★1

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