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Licensed EMIsSee verified EMIs

GR8 money

Latvia

Legal name: SIA GR8 PAY

3.7(65 notes)ActiveEMI
View on register

Licence number

50203643321

Authorised since

10 Dec 2025

EEA passports

29

Profile rates

Data-derived · A is broadest

Three named tiers comparing this institution against the rest of the European register.

Reach
Pan-EuropeanTier A

Passports into 29 EEA jurisdictions.

Scope
SpecialistTier C

Authorised for 4 payment-services activities.

Tenure
NewTier D

Authorised within the last year.

About this institution

Verified active. SIA GR8 PAY, trading as GR8 money, holds a current Latvian e-money licence issued by the Financial and Capital Market Commission. The licence reference 50203643321 confirms authorisation to execute payment transactions on a payment account, issue electronic money, issue payment instruments and acquire payment transactions, and safeguard customer funds. These four distinct activities define the entity's regulatory scope.

The licence reaches across 29 EEA host states. Principal markets include Germany, France, Spain, Italy, the Netherlands, Poland, and Austria. The full passporting list also covers Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, Greece, Hungary, Iceland, Ireland, Liechtenstein, Lithuania, Luxembourg, Malta, Norway, Portugal, Romania, Slovakia, Slovenia, and Sweden. Cross-border operations under this single licence are therefore extensive across the European Economic Area.

The licence was granted on 10 December 2025. As recorded in the register, the entity's authorisation continues in active status. The Financial and Capital Market Commission, Riga, holds the primary record under reference 50203643321.

EEA passporting

29 jurisdictions

Under the EU passporting regime, GR8 money can provide services across the following EEA jurisdictions, in addition to its home authorisation in Latvia.

  • EstoniaEstonia5
  • CroatiaCroatia5
  • NorwayNorway5
  • ItalyItaly5
  • GermanyGermany5
  • FinlandFinland5
  • SlovakiaSlovakia5
  • FranceFrance5
  • GreeceGreece5
  • CyprusCyprus5
  • SwedenSweden5
  • SloveniaSlovenia5
  • LuxembourgLuxembourg5
  • DenmarkDenmark5
  • NetherlandsNetherlands5
  • LithuaniaLithuania5
  • BelgiumBelgium5
  • RomaniaRomania5
  • PortugalPortugal5
  • IcelandIceland5
  • AustriaAustria5
  • BulgariaBulgaria5
  • PolandPoland5
  • HungaryHungary5
  • LiechtensteinLiechtenstein5
  • IrelandIreland5
  • SpainSpain5
  • Czech RepublicCzech Republic5
  • MaltaMalta5

Authorised activities (PSD2 / EMD2)

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

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

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

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