Licence number
985867569
Authorised since
01 Feb 2016
EEA passports
0
Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- DomesticTier D
- Scope
- SpecialistTier C
- Tenure
- EstablishedTier A
No EEA passporting on record.
Authorised for 4 payment-services activities.
Authorised 10 years ago.
About this institution
Verified active. STREX PAYMENT AS holds licence reference 985867569 with the Financial Supervisory Authority of Norway. The licence authorises issuance of electronic money, execution of payment transactions where funds are covered by credit line, execution of payment transactions on a payment account, and safeguarding of customer funds.
No EEA passporting is recorded for this licence.
Licence granted 1 February 2016. The register records the operational status as active. The Financial Supervisory Authority of Norway, reference 985867569, confirms the active status at the last cross check.
Licence timeline
3 dated eventsDated events for STREX PAYMENT AS, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Financial Supervisory Authority of Norway register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Financial Supervisory Authority of Norway
Position in the Norway register
Norway EMIs
10
Active
10
Full / small licences
10 / 0
Licence age rank
3/10
STREX PAYMENT AS is one of 10 e-money institutions on the Norway register, 10 of which are currently active. Its licence is the 3rd oldest of the 10 dated Norway EMI authorisations, one of 2 granted in 2016.
Is your money safe with STREX PAYMENT AS?
STREX PAYMENT AS holds an e-money authorisation from Financial Supervisory Authority of Norway, 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.
Authorised activities (PSD2 / EMD2)
Payment-services activities STREX PAYMENT AS is permitted to carry out under its licence, as recorded in the register.
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
- Execution of payment transactions on a payment accountPSD2_3
- Execution of payment transactions where funds are covered by credit linePSD2_4
Frequently asked questions
- Is STREX PAYMENT AS a licensed e-money institution?
- Yes. STREX PAYMENT AS holds EMI authorisation from Financial Supervisory Authority of Norway in Norway, licence reference 985867569. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates STREX PAYMENT AS?
- STREX PAYMENT AS is authorised and supervised by Financial Supervisory Authority of Norway in Norway. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is STREX PAYMENT AS's licence or FRN number?
- STREX PAYMENT AS's licence reference number is 985867569. 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.
Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.
Other licensed institutions in Norway
Registered office
- Street
- Drammensveien 133
- City
- Oslo, 0277
Ratings & reader notes
0 written notes
Share what you know about STREX PAYMENT AS. Guest comments - no account required. Be kind and on-topic.
No reader notes yet. Be the first to share what you know about this institution.