Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- Pan-EuropeanTier A
- Scope
- Full-serviceTier A
- Tenure
- MatureTier B
Passports into 29 EEA jurisdictions.
Authorised for 9 payment-services activities.
Authorised 8 years ago.
About this institution
Verified active. UAB ConnectPay holds a current Lithuanian e-money licence issued by the Bank of Lithuania. The licence authorises issuance of electronic money, providing cash deposit services on a payment account, and executing payment transactions where funds are covered by a credit line. It also covers payment initiation services, safeguarding of customer funds, issuing payment instruments, acquiring payment transactions, cash withdrawal services on a payment account, execution of payment transactions on a payment account, and account information services. The regulator maintains the licence under strict supervision.
Passporting reaches 29 host states, including Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden. The entity is authorised to operate in each of these states under the same licence. This extensive reach allows the issuer to provide its services throughout the EEA.
Licence granted 16 January 2018. No missing data is recorded in the register. Cross-checked against the Bank of Lithuania register, reference LB000440, status active as of the last update.
Licence timeline
3 dated eventsDated events for UAB "ConnectPay", from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Bank of Lithuania register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Bank of Lithuania
Position in the Lithuania register
Lithuania EMIs
102
Active
102
Full / small licences
94 / 8
Licence age rank
27/102
UAB "ConnectPay" is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 27th oldest of the 102 dated Lithuania EMI authorisations, one of 21 granted in 2018.
Is your money safe with UAB "ConnectPay"?
UAB "ConnectPay" holds an e-money authorisation from Bank of Lithuania, 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.
EEA passporting
29 jurisdictionsUnder the EU passporting regime, UAB "ConnectPay" can provide services across the following EEA jurisdictions, in addition to its home authorisation in Lithuania.
Ireland11
Austria11
Bulgaria11
Liechtenstein11
Sweden11
Poland11
Slovakia11
Norway11
Belgium11
Italy11
Slovenia11
Finland11
Latvia11
Hungary11
Cyprus11
Portugal11
Luxembourg11
Iceland11
Spain11
Malta11
France11
Estonia11
Romania11
Denmark11
Greece11
Netherlands11
Germany11
Czech Republic11
Croatia11
Authorised activities (PSD2 / EMD2)
Payment-services activities UAB "ConnectPay" is permitted to carry out under its licence, as recorded in the register.
- Cash withdrawal services on a payment accountPSD2_2
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
- Account information services (AIS)PSD2_8
- Cash deposit services on a payment accountPSD2_1
- Execution of payment transactions on a payment accountPSD2_3
- Execution of payment transactions where funds are covered by credit linePSD2_4
- Payment initiation services (PIS)PSD2_7
Frequently asked questions
- Is UAB "ConnectPay" a licensed e-money institution?
- Yes. UAB "ConnectPay" holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB000440. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates UAB "ConnectPay"?
- UAB "ConnectPay" is authorised and supervised by Bank of Lithuania in Lithuania. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is UAB "ConnectPay"'s licence or FRN number?
- UAB "ConnectPay"'s licence reference number is LB000440. 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 UAB "ConnectPay" authorised in other EEA countries?
- Yes. UAB "ConnectPay" 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 Lithuania
Registered office
- Street
- Algirdo g. 38
- City
- Vilnius, LT-03218
Ratings & reader notes
160 ratings · 1 written note
- 5★67
- 4★40
- 3★22
- 2★16
- 1★15
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- 5/5
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22 May 2026
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