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
- MatureTier B
No EEA passporting on record.
Authorised for 3 payment-services activities.
Authorised 6 years ago.
About this institution
Verified active. TEAPAYMENT LTD holds a current UK e-money licence issued by the Financial Conduct Authority. The register lists the entity as authorised to distribute and redeem electronic money, issue electronic money, and safeguard customer funds.
The licence is limited to domestic UK operations; no EEA passporting is recorded. The FCA register shows no cross-border authorisation to other European states.
Data note: the licence was granted on 8 July 2020; no additional passporting information is available. The FCA register confirms reference 901004 and an active status as at the last cross-check.
Licence timeline
3 dated eventsDated events for TEAPAYMENT LTD, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Financial Conduct Authority register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Financial Conduct Authority
Position in the United Kingdom register
United Kingdom EMIs
474
Active
289
Full / small licences
403 / 71
Licence age rank
162/287
TEAPAYMENT LTD is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 162nd oldest of the 287 dated United Kingdom EMI authorisations, one of 39 granted in 2020.
Is your money safe with TEAPAYMENT LTD?
TEAPAYMENT LTD holds an e-money authorisation from Financial Conduct Authority, 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 the FSCS, 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 TEAPAYMENT LTD is permitted to carry out under its licence, as recorded in the register.
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
Frequently asked questions
- Is TEAPAYMENT LTD a licensed e-money institution?
- Yes. TEAPAYMENT LTD holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 901004. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates TEAPAYMENT LTD?
- TEAPAYMENT LTD is authorised and supervised by Financial Conduct Authority in United Kingdom. Its e-money licence and current status are listed on the FCA Financial Services Register at register.fca.org.uk.
- What is TEAPAYMENT LTD's licence or FRN number?
- TEAPAYMENT LTD's licence reference number is 901004. Enter it on the FCA Financial Services Register at register.fca.org.uk 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 United Kingdom
Ratings & reader notes
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