Is UAB Monavate a licensed e-money institution?

Yes. UAB Monavate holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB002139. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.

Who regulates UAB Monavate?

UAB Monavate 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 Monavate's licence or FRN number?

UAB Monavate's licence reference number is LB002139. 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 Monavate authorised in other EEA countries?

Yes. UAB Monavate is passported to 29 EEA jurisdictions, meaning it can provide e-money and payment services across those countries on its home authorisation.

UAB Monavate

3.7(61 notes)ActiveEMI

View on register

Regulator

Bank of Lithuania

Licence number

LB002139

Authorised since

31 Mar 2022

EEA passports

Profile rates

Data-derived · A is broadest

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

Reach: Pan-EuropeanTier A
Scope: Multi-serviceTier B
Tenure: GrowingTier C

About this institution

Verified active. UAB Monavate holds a current licence issued by the Bank of Lithuania on 31 March 2022. The entity is authorised to provide cash withdrawal services on a payment account, execute payment transactions on a payment account, issue electronic money, issue payment instruments and acquire payment transactions, and safeguard customer funds. This scope reflects the full range of core e-money institution functions under EEA regulation.

The licence reaches 29 EEA host states through passporting rights. The register lists Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden as jurisdictions where the entity's authorisation continues to apply.

As recorded in the Bank of Lithuania's register, UAB Monavate operates under licence reference LB002139 with active operational status as at the last cross-check. No data gaps are noted against the entry.

EEA passporting

29 jurisdictions

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

Spain6
Czech Republic6
Finland6
Cyprus6
Iceland6
Malta6
Latvia6
Italy6
Netherlands6
Estonia6
Ireland6
Germany6
Austria6
Denmark6
Sweden6
Romania6
Liechtenstein6
Belgium6
Hungary6
Norway6
Slovenia6
Greece6
France6
Bulgaria6
Croatia6
Portugal6
Poland6
Slovakia6
Luxembourg6

Authorised activities (PSD2 / EMD2)

Payment-services activities UAB Monavate is permitted to carry out under its licence, as recorded in the register.

Cash withdrawal services on a payment accountPSD2_2
Issuance of electronic moneyEMI_ISSUANCE
Execution of payment transactions on a payment accountPSD2_3
Issuing payment instruments and acquiring payment transactionsPSD2_5
Safeguarding of customer fundsSAFEGUARDING

Frequently asked questions

Is UAB Monavate a licensed e-money institution?: Yes. UAB Monavate holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB002139. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates UAB Monavate?: UAB Monavate 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 Monavate's licence or FRN number?: UAB Monavate's licence reference number is LB002139. 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 Monavate authorised in other EEA countries?: Yes. UAB Monavate 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: Konstitucijos av. 21 A
City: Vilnius, LT - 08130

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