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
- NewTier D
No EEA passporting on record.
Authorised for 3 payment-services activities.
Authorised within the last year.
About this institution
Verified active. TORUS FINANCIAL LIMITED holds a current UK e-money licence issued by the Financial Conduct Authority. The licence authorises issuance of electronic money, safeguarding of customer funds, and distribution and redemption of electronic money.
No EEA passporting is on record for this entity.
Licence granted on 22 July 2026; operational status is active. The register records reference 1042638 and confirms the licence is issued by the Financial Conduct Authority.
Licence timeline
3 dated eventsDated events for Torus Financial Limited, 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
476
Active
291
Full / small licences
405 / 71
Licence age rank
284/289
Torus Financial Limited is one of 476 e-money institutions on the United Kingdom register, 291 of which are currently active. Its licence is the 284th oldest of the 289 dated United Kingdom EMI authorisations, one of 19 granted in 2026.
Is your money safe with Torus Financial Limited?
Torus Financial Limited 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 Torus Financial Limited is permitted to carry out under its licence, as recorded in the register.
- Issuance of electronic moneyEMI_ISSUANCE
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
- Safeguarding of customer fundsSAFEGUARDING
Frequently asked questions
- Is TORUS FINANCIAL LIMITED a licensed e-money institution?
- Yes. TORUS FINANCIAL LIMITED holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 1042638. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates TORUS FINANCIAL LIMITED?
- TORUS FINANCIAL LIMITED 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 TORUS FINANCIAL LIMITED's licence or FRN number?
- TORUS FINANCIAL LIMITED's licence reference number is 1042638. 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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