Rapyd Europe hf.

About this institution

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

1. 01 Oct 2026

   Cross-checked against the Financial Supervisory Authority of Iceland register

   Automated daily verification of licence status and reference.

2. 06 Jul 2026

   First verified and added to this directory

3. 11 Apr 2023

   Licence granted by the Financial Supervisory Authority of Iceland

Position in the Iceland register

Rapyd Europe hf. is one of 4 e-money institutions on the Iceland register, 4 of which are currently active. Its licence is the 3rd oldest of the 4 dated Iceland EMI authorisations.

Is your money safe with Rapyd Europe hf.?

Rapyd Europe hf. holds an e-money authorisation from Financial Supervisory Authority of Iceland, 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 →

Under the EU passporting regime, Rapyd Europe hf. can provide services across the following EEA jurisdictions, in addition to its home authorisation in Iceland.

• Austria14
• Sweden14
• Norway14
• Latvia14
• Poland14
• Spain14
• Estonia14
• Italy14
• Greece14
• Czech Republic14
• France14
• Ireland14
• Belgium14
• Cyprus14
• Portugal14
• Hungary14
• Slovenia14
• Luxembourg14
• Croatia14
• Malta14
• Lithuania14
• Romania14
• Denmark14
• Bulgaria14
• Finland14
• Germany14
• Liechtenstein14
• Slovakia14
• Netherlands14

Authorised activities (PSD2 / EMD2)

Payment-services activities Rapyd Europe hf. is permitted to carry out under its licence, as recorded in the register.

• ✓Account information services (AIS)PSD2_8
• ✓Issuance of electronic moneyEMI_ISSUANCE
• ✓Payment initiation services (PIS)PSD2_7
• ✓Cash withdrawal services on a payment accountPSD2_2
• ✓Cash deposit services on a payment accountPSD2_1
• ✓Issuing payment instruments and acquiring payment transactionsPSD2_5
• ✓Money remittancePSD2_6
• ✓Execution of payment transactions on a payment accountPSD2_3
• ✓Safeguarding of customer fundsSAFEGUARDING
• ✓Execution of payment transactions where funds are covered by credit linePSD2_4

Frequently asked questions

Is Rapyd Europe hf. a licensed e-money institution?

Yes. Rapyd Europe hf. holds EMI authorisation from Financial Supervisory Authority of Iceland in Iceland, licence reference 5006830589. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.

Who regulates Rapyd Europe hf.?

Rapyd Europe hf. is authorised and supervised by Financial Supervisory Authority of Iceland in Iceland. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.

What is Rapyd Europe hf.'s licence or FRN number?

Rapyd Europe hf.'s licence reference number is 5006830589. 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 Rapyd Europe hf. authorised in other EEA countries?

Yes. Rapyd Europe hf. 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 Iceland

• Monerium ehf.
• Monerium
• Rapyd

View all institutions in Iceland →

Registered office

Street

Dalshrauni 3

City

Hafnarfjörður, 220