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PACE FS

Latvia

Legal name: SIA PACE FS

4.3(44 notes)ActiveEMI
View on register

Regulator

Latvian Financial and Capital Market Commission

Licence number

40203610348

Authorised since

18 Jun 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 under 2 years ago.

About this institution

Verified active. SIA PACE FS holds a current licence issued by the Latvian Financial and Capital Market Commission on 18 June 2025. The entity is authorised to execute payment transactions on a payment account, issue electronic money, issue payment instruments and acquire payment transactions, and safeguard customer funds. These are the core activities recorded against licence reference 40203api348 in the register cross-checked as at this report date.

The licence extends across 29 EEA host states via passporting rights. Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden are all listed as active host jurisdictions. The breadth of this passporting reach reflects the pan-European scope of the entity's authorisation to conduct payment and e-money services.

As recorded in the Latvian Financial and Capital Market Commission register, the entity's authorisation continues with operational status active. Licence reference 40203api348 confirms the scope and jurisdictional reach stated above.

EEA passporting

29 jurisdictions

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

  • MaltaMalta6
  • EstoniaEstonia6
  • GermanyGermany6
  • NorwayNorway6
  • Czech RepublicCzech Republic6
  • NetherlandsNetherlands6
  • BelgiumBelgium6
  • LiechtensteinLiechtenstein6
  • LuxembourgLuxembourg6
  • PortugalPortugal6
  • RomaniaRomania6
  • IcelandIceland6
  • CyprusCyprus6
  • GreeceGreece6
  • SwedenSweden6
  • BulgariaBulgaria6
  • CroatiaCroatia6
  • FinlandFinland6
  • IrelandIreland6
  • FranceFrance6
  • DenmarkDenmark6
  • ItalyItaly6
  • PolandPoland6
  • HungaryHungary6
  • SlovakiaSlovakia6
  • SloveniaSlovenia6
  • AustriaAustria6
  • LithuaniaLithuania6
  • SpainSpain6

Authorised activities (PSD2 / EMD2)

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

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

Frequently asked questions

Is PACE FS a licensed e-money institution?
Yes. PACE FS holds EMI authorisation from Latvian Financial and Capital Market Commission in Latvia, licence reference 40203610348. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates PACE FS?
PACE FS 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 PACE FS's licence or FRN number?
PACE FS's licence reference number is 40203610348. 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 PACE FS authorised in other EEA countries?
Yes. PACE FS 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
Valdemāra iela 21-11
City
RĪga, LV-1010

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