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. Pomelo Group Ltd holds a current UK electronic money licence, authorised by the Financial Conduct Authority under reference 928018. The licence permits issuance of electronic money, safeguarding of customer funds, and distribution and redemption of electronic money, as recorded in the register.
Passporting count: 0. No EEA host states are listed in the record, so the licence has no cross-border reach beyond the United Kingdom.
Data note: licence granted 1 December 2020. The register lists the operational status as active at the time of the last cross-check. The authority, reference number, and status are confirmed as of the most recent verification.
Licence timeline
3 dated eventsDated events for Pomelo Group Ltd, 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
183/287
Pomelo Group Ltd is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 183rd oldest of the 287 dated United Kingdom EMI authorisations, one of 39 granted in 2020.
Is your money safe with Pomelo Group Ltd?
Pomelo Group Ltd 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 Pomelo Group Ltd is permitted to carry out under its licence, as recorded in the register.
- Issuance of electronic moneyEMI_ISSUANCE
- Safeguarding of customer fundsSAFEGUARDING
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
Frequently asked questions
- Is Pomelo Group Ltd a licensed e-money institution?
- Yes. Pomelo Group Ltd holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 928018. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates Pomelo Group Ltd?
- Pomelo Group Ltd 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 Pomelo Group Ltd's licence or FRN number?
- Pomelo Group Ltd's licence reference number is 928018. 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
Ratings & reader notes
1 rating · 0 written notes
- 5★1
- 4★0
- 3★0
- 2★0
- 1★0
Readers can leave a star rating with or without a written note. Written notes appear below; ratings without a note are counted here.
Share what you know about Pomelo Group Ltd. Guest comments - no account required. Be kind and on-topic.
No reader notes yet. Be the first to share what you know about this institution.