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 6 years ago.
About this institution
Verified active. Practika Finance Ltd holds a current licence issued by the Financial Conduct Authority under reference 901061. The entity is authorised to issue electronic money, distribute and redeem electronic money, and safeguard customer funds. These three activities form the substantive scope of the licence as recorded in the FCA register.
The register lists no EEA passporting reach. Practika Finance Ltd operates under its UK authorisation only, with no recorded host state permissions across the European Economic Area.
Data note: the licence was granted on 8 July 2020 and the entity's authorisation continues as active as at the last register cross-check. No EEA passporting is on record.
Authorised activities (PSD2 / EMD2)
Payment-services activities PRACTIKA FINANCE LTD is permitted to carry out under its licence, as recorded in the register.
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
- Issuance of electronic moneyEMI_ISSUANCE
- Safeguarding of customer fundsSAFEGUARDING
Frequently asked questions
- Is PRACTIKA FINANCE LTD a licensed e-money institution?
- Yes. PRACTIKA FINANCE LTD holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 901061. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates PRACTIKA FINANCE LTD?
- PRACTIKA FINANCE 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 PRACTIKA FINANCE LTD's licence or FRN number?
- PRACTIKA FINANCE LTD's licence reference number is 901061. 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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