GR8 money

About this institution

Dated events for GR8 money, 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 Latvian Financial and Capital Market Commission register

   Automated daily verification of licence status and reference.

2. 06 Jul 2026

   First verified and added to this directory

3. 10 Dec 2025

   Licence granted by the Latvian Financial and Capital Market Commission

Position in the Latvia register

GR8 money is one of 21 e-money institutions on the Latvia register, 21 of which are currently active. Its licence is the 19th oldest of the 21 dated Latvia EMI authorisations, one of 3 granted in 2025.

Is your money safe with GR8 money?

GR8 money holds an e-money authorisation from Latvian Financial and Capital Market Commission, 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, GR8 money can provide services across the following EEA jurisdictions, in addition to its home authorisation in Latvia.

• Malta5
• Greece5
• Lithuania5
• Denmark5
• Spain5
• Portugal5
• Finland5
• Slovenia5
• Iceland5
• Romania5
• Italy5
• Luxembourg5
• Netherlands5
• Bulgaria5
• Slovakia5
• Estonia5
• Poland5
• Norway5
• Austria5
• Czech Republic5
• Liechtenstein5
• Germany5
• Hungary5
• Ireland5
• Sweden5
• Cyprus5
• France5
• Belgium5
• Croatia5

Authorised activities (PSD2 / EMD2)

Payment-services activities GR8 money is permitted to carry out under its licence, as recorded in the register.

• ✓Issuing payment instruments and acquiring payment transactionsPSD2_5
• ✓Issuance of electronic moneyEMI_ISSUANCE
• ✓Safeguarding of customer fundsSAFEGUARDING
• ✓Execution of payment transactions on a payment accountPSD2_3

Frequently asked questions

Is GR8 money a licensed e-money institution?

Yes. GR8 money holds EMI authorisation from Latvian Financial and Capital Market Commission in Latvia, licence reference 50203643321. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.

Who regulates GR8 money?

GR8 money is authorised and supervised by Latvian Financial and Capital Market Commission in Latvia. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.

What is GR8 money's licence or FRN number?

GR8 money's licence reference number is 50203643321. 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 GR8 money authorised in other EEA countries?

Yes. GR8 money 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.

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Registered office

Street

Malduguņu iela 2,

City

Mārupe, LV2167