Licence number
W00000014
Authorised since
23 Oct 2020
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
- MatureTier B
Passports into 29 EEA jurisdictions.
Authorised for 5 payment-services activities.
Authorised 5 years ago.
About this institution
Verified active. PingPong Europe S.A. holds a current licence issued by Luxembourg's Commission de Surveillance du Secteur Financier. The entity is authorised to execute payment transactions on a payment account, issue electronic money, issue payment instruments and acquire payment transactions, remit money, and safeguard customer funds. Licence reference W00000014 was granted on 23 October 2020 and the operational status remains active as recorded in the register.
The licence extends across 29 EEA host states. These include the principal markets: Germany, France, Spain, Italy, Poland, Netherlands, and Austria. The full passporting reach also covers Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, Greece, Hungary, Iceland, Ireland, Latvia, Liechtenstein, Lithuania, Malta, Norway, Portugal, Romania, Slovakia, Slovenia, and Sweden.
The register records the licence as active as at the last cross-check. No other operational status alerts are noted in the current register data. The entity's authorisation continues under reference W00000014 with the Commission de Surveillance du Secteur Financier.
Licence timeline
3 dated eventsDated events for PingPong Europe S.A., from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Commission de Surveillance du Secteur Financier register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Commission de Surveillance du Secteur Financier
Position in the Luxembourg register
Luxembourg EMIs
18
Active
18
Full / small licences
18 / 0
Licence age rank
9/18
PingPong Europe S.A. is one of 18 e-money institutions on the Luxembourg register, 18 of which are currently active. Its licence is the 9th oldest of the 18 dated Luxembourg EMI authorisations, one of 2 granted in 2020.
Is your money safe with PingPong Europe S.A.?
PingPong Europe S.A. holds an e-money authorisation from Commission de Surveillance du Secteur Financier, 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, PingPong Europe S.A. can provide services across the following EEA jurisdictions, in addition to its home authorisation in Luxembourg.
Ireland6
Norway6
Slovenia6
Sweden6
Croatia6
Portugal6
Latvia6
Malta6
Denmark6
Finland6
France6
Liechtenstein6
Italy6
Czech Republic6
Slovakia6
Poland6
Hungary6
Netherlands6
Iceland6
Bulgaria6
Cyprus6
Romania6
Belgium6
Austria6
Lithuania6
Spain6
Greece6
Germany6
Estonia6
Authorised activities (PSD2 / EMD2)
Payment-services activities PingPong Europe S.A. is permitted to carry out under its licence, as recorded in the register.
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Execution of payment transactions on a payment accountPSD2_3
- Safeguarding of customer fundsSAFEGUARDING
- Money remittancePSD2_6
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is PingPong Europe S.A. a licensed e-money institution?
- Yes. PingPong Europe S.A. holds EMI authorisation from Commission de Surveillance du Secteur Financier in Luxembourg, licence reference W00000014. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates PingPong Europe S.A.?
- PingPong Europe S.A. is authorised and supervised by Commission de Surveillance du Secteur Financier in Luxembourg. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is PingPong Europe S.A.'s licence or FRN number?
- PingPong Europe S.A.'s licence reference number is W00000014. 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 PingPong Europe S.A. authorised in other EEA countries?
- Yes. PingPong Europe S.A. 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 Luxembourg
Registered office
- Street
- 9, rue du Laboratoire
- City
- Luxembourg, L-1911
Ratings & reader notes
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- 4★18
- 3★7
- 2★3
- 1★2
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