Licence number
115.1.3.16
Authorised since
03 Jul 2018
EEA passports
29
Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- Pan-EuropeanTier A
- Scope
- SpecialistTier C
- Tenure
- MatureTier B
Passports into 29 EEA jurisdictions.
Authorised for 3 payment-services activities.
Authorised 8 years ago.
About this institution
Verified active against the Cyprus Securities and Exchange Commission register. SIBILLA SOLUTIONS LIMITED, trading as PROFEE, holds a current EMI licence issued 3 July 2018. The licence authorises execution of payment transactions on a payment account, issuance of electronic money, and safeguarding of customer funds. Licence reference 115.1.3.16 confirms the entity's authorisation continues as at the last cross-check.
The licence is passported across 29 EEA host states. These comprise Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden. The breadth of passporting reach reflects the full geographic scope recorded in the Cyprus register.
Data note: the operational status is recorded as active. Cross-checked against the Cyprus Securities and Exchange Commission financial services register as at the last update cycle. The entity's authorisation continues under licence 115.1.3.16.
EEA passporting
29 jurisdictionsUnder the EU passporting regime, PROFEE can provide services across the following EEA jurisdictions, in addition to its home authorisation in Cyprus.
Norway4
Hungary4
Germany4
Greece4
Estonia4
Belgium4
Czech Republic4
Luxembourg4
Liechtenstein4
Spain4
Croatia4
Italy4
Bulgaria4
Romania4
Poland4
Portugal4
Iceland4
France4
Lithuania4
Sweden4
Slovakia4
Malta4
Slovenia4
Finland4
Ireland4
Denmark4
Netherlands4
Austria4
Latvia4
Authorised activities (PSD2 / EMD2)
Payment-services activities PROFEE is permitted to carry out under its licence, as recorded in the register.
- Execution of payment transactions on a payment accountPSD2_3
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is PROFEE a licensed e-money institution?
- Yes. PROFEE holds EMI authorisation from Cyprus Securities and Exchange Commission in Cyprus, licence reference 115.1.3.16. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates PROFEE?
- PROFEE is authorised and supervised by Cyprus Securities and Exchange Commission in Cyprus. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is PROFEE's licence or FRN number?
- PROFEE's licence reference number is 115.1.3.16. 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 PROFEE authorised in other EEA countries?
- Yes. PROFEE 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 Cyprus
Registered office
- Street
- 27 Pindarou Street, Alpha Business Centre, 7th Floor Block B
- City
- Nicosia, 1060
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