Is Steven AB (previously Pei Development AB) a licensed e-money institution?

Yes. Steven AB (previously Pei Development AB) holds EMI authorisation from Swedish Financial Supervisory Authority in Sweden, licence reference 48004. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.

Who regulates Steven AB (previously Pei Development AB)?

Steven AB (previously Pei Development AB) is authorised and supervised by Swedish Financial Supervisory Authority in Sweden. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.

What is Steven AB (previously Pei Development AB)'s licence or FRN number?

Steven AB (previously Pei Development AB)'s licence reference number is 48004. 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 Steven AB (previously Pei Development AB) authorised in other EEA countries?

Yes. Steven AB (previously Pei Development AB) is passported to 18 EEA jurisdictions, meaning it can provide e-money and payment services across those countries on its home authorisation.

Steven AB (previously Pei Development AB)

Legal name: Steven AB

3.9(56 notes)ActiveEMI

View on register

Regulator

Swedish Financial Supervisory Authority

Licence number

48004

Authorised since

05 Jul 2019

EEA passports

Profile rates

Data-derived · A is broadest

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

Reach: Multi-marketTier B
Scope: Multi-serviceTier B
Tenure: MatureTier B

About this institution

Verified active. Steven AB holds a current licence issued by the Swedish Financial Supervisory Authority under reference 48004. The entity is authorised to execute payment transactions on a payment account, execute payment transactions where funds are covered by credit line, issue electronic money, issue payment instruments and acquire payment transactions, and safeguard customer funds. This is the full scope recorded against the licence.

The passporting reach extends across 18 EEA host states. These are Austria, Belgium, Cyprus, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, and Spain. The licence permits cross-border activity within this network under the home-state authorisation model.

Steven AB was granted its licence on 5 July 2019. As recorded in the Swedish Financial Supervisory Authority register, the entity's authorisation continues as active. The register cross-check confirms licence reference 48004 remains on file with operational status active as at the last verification date.

EEA passporting

18 jurisdictions

Under the EU passporting regime, Steven AB (previously Pei Development AB) can provide services across the following EEA jurisdictions, in addition to its home authorisation in Sweden.

Spain8
Netherlands9
Luxembourg9
Germany9
Cyprus9
Greece8
Ireland9
Poland9
Norway9
Malta9
Italy9
Lithuania9
Austria9
Belgium9
Finland9
Portugal9
France9
Denmark9

Authorised activities (PSD2 / EMD2)

Payment-services activities Steven AB (previously Pei Development AB) 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 where funds are covered by credit linePSD2_4
Issuance of electronic moneyEMI_ISSUANCE
Execution of payment transactions on a payment accountPSD2_3

Frequently asked questions

Is Steven AB (previously Pei Development AB) a licensed e-money institution?: Yes. Steven AB (previously Pei Development AB) holds EMI authorisation from Swedish Financial Supervisory Authority in Sweden, licence reference 48004. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates Steven AB (previously Pei Development AB)?: Steven AB (previously Pei Development AB) is authorised and supervised by Swedish Financial Supervisory Authority in Sweden. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
What is Steven AB (previously Pei Development AB)'s licence or FRN number?: Steven AB (previously Pei Development AB)'s licence reference number is 48004. 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 Steven AB (previously Pei Development AB) authorised in other EEA countries?: Yes. Steven AB (previously Pei Development AB) is passported to 18 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 Sweden

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Registered office

Street: Box 5183
City: STOCKHOLM, 102 44

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