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UAB "Finolita Unio"

Lithuania
4.3(62 ratings)ActiveEMI
View on register

Licence number

LB000490

Authorised since

05 Feb 2019

EEA passports

29

Profile rates

Data-derived · A is broadest

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

Reach
Pan-EuropeanTier A

Passports into 29 EEA jurisdictions.

Scope
Multi-serviceTier B

Authorised for 6 payment-services activities.

Tenure
MatureTier B

Authorised 7 years ago.

About this institution

Verified active. UAB Finolita Unio holds a current Lithuanian e-money licence issued by the Bank of Lithuania. The licence authorises issuance of electronic money, issuing payment instruments, and acquiring payment transactions. It also permits cash deposit services, cash withdrawal services, execution of payment transactions on a payment account, and safeguarding of customer funds.

The licence has passporting rights in 29 EEA host states. The passported states include 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 licence was granted on 5 February 2019, and the register records its operational status as active. Bank of Lithuania, licence reference LB000490, operational status active as of the last cross check.

Licence timeline

3 dated events

Dated events for UAB "Finolita Unio", from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.

  1. Cross-checked against the Bank of Lithuania register

    Automated daily verification of licence status and reference.

  2. First verified and added to this directory

  3. 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

48/102

UAB "Finolita Unio" is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 48th oldest of the 102 dated Lithuania EMI authorisations, one of 20 granted in 2019.

Is your money safe with UAB "Finolita Unio"?

UAB "Finolita Unio" 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.

How e-money safeguarding works → Verify on the register →

EEA passporting

29 jurisdictions

Under the EU passporting regime, UAB "Finolita Unio" can provide services across the following EEA jurisdictions, in addition to its home authorisation in Lithuania.

  • SwedenSweden6
  • PolandPoland6
  • DenmarkDenmark6
  • IcelandIceland6
  • Czech RepublicCzech Republic6
  • GreeceGreece6
  • RomaniaRomania6
  • AustriaAustria6
  • LatviaLatvia6
  • HungaryHungary6
  • LuxembourgLuxembourg6
  • CyprusCyprus6
  • MaltaMalta6
  • SloveniaSlovenia6
  • FranceFrance6
  • LiechtensteinLiechtenstein6
  • NorwayNorway6
  • EstoniaEstonia6
  • BulgariaBulgaria6
  • SpainSpain6
  • IrelandIreland6
  • GermanyGermany6
  • BelgiumBelgium6
  • ItalyItaly6
  • NetherlandsNetherlands6
  • FinlandFinland6
  • SlovakiaSlovakia6
  • CroatiaCroatia5
  • PortugalPortugal6

Authorised activities (PSD2 / EMD2)

Payment-services activities UAB "Finolita Unio" 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
  • Cash deposit services on a payment accountPSD2_1
  • Cash withdrawal services on a payment accountPSD2_2
  • Issuance of electronic moneyEMI_ISSUANCE
  • Execution of payment transactions on a payment accountPSD2_3

Frequently asked questions

Is UAB "Finolita Unio" a licensed e-money institution?
Yes. UAB "Finolita Unio" holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB000490. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates UAB "Finolita Unio"?
UAB "Finolita Unio" 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 "Finolita Unio"'s licence or FRN number?
UAB "Finolita Unio"'s licence reference number is LB000490. 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 "Finolita Unio" authorised in other EEA countries?
Yes. UAB "Finolita Unio" 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

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Registered office

Street
Vilniaus m. sav. Vilniaus m. J. Savickio g. 4
City
Vilnius, 01108

Ratings & reader notes

62 ratings · 0 written notes

4.3(62 ratings)
  • 5★36
  • 4★16
  • 3★4
  • 2★2
  • 1★4

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