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UAB „Pyrros Lithuania“

Lithuania
3.9(112 ratings)ActiveEMI
View on register

Licence number

LB000464

Authorised since

25 Jul 2018

EEA passports

28

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 28 EEA jurisdictions.

Scope
Multi-serviceTier B

Authorised for 5 payment-services activities.

Tenure
MatureTier B

Authorised 8 years ago.

About this institution

Verified active. UAB "Pyrros Lithuania" holds an e-money licence, reference LB000464, issued by the Bank of Lithuania on 25 July 2018. The licence authorises execution of payment transactions and issuance of electronic money. It also authorises safeguarding of customer funds and cash deposit services on a payment account. Issuing payment instruments and acquiring payment transactions are also covered.

The licence allows passporting into 28 EEA host states, including Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.

Data note: The licence was granted on 25 July 2018, and the register confirms the authorisation continues as active. Bank of Lithuania lists the licence, reference LB000464, as active.

Licence timeline

3 dated events

Dated events for UAB „Pyrros Lithuania“, 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

39/102

UAB „Pyrros Lithuania“ is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 39th oldest of the 102 dated Lithuania EMI authorisations, one of 21 granted in 2018.

Is your money safe with UAB „Pyrros Lithuania“?

UAB „Pyrros Lithuania“ 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

28 jurisdictions

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

  • GreeceGreece7
  • DenmarkDenmark7
  • IrelandIreland7
  • LuxembourgLuxembourg7
  • Czech RepublicCzech Republic7
  • PortugalPortugal7
  • MaltaMalta7
  • SloveniaSlovenia7
  • RomaniaRomania7
  • NorwayNorway7
  • AustriaAustria7
  • CyprusCyprus7
  • SpainSpain7
  • ItalyItaly7
  • PolandPoland7
  • EstoniaEstonia7
  • LiechtensteinLiechtenstein7
  • BulgariaBulgaria7
  • GermanyGermany7
  • BelgiumBelgium7
  • SwedenSweden7
  • FinlandFinland7
  • NetherlandsNetherlands7
  • LatviaLatvia7
  • CroatiaCroatia7
  • SlovakiaSlovakia7
  • HungaryHungary7
  • FranceFrance7

Authorised activities (PSD2 / EMD2)

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

  • Issuing payment instruments and acquiring payment transactionsPSD2_5
  • Execution of payment transactions on a payment accountPSD2_3
  • Safeguarding of customer fundsSAFEGUARDING
  • Issuance of electronic moneyEMI_ISSUANCE
  • Cash deposit services on a payment accountPSD2_1

Frequently asked questions

Is UAB „Pyrros Lithuania“ a licensed e-money institution?
Yes. UAB „Pyrros Lithuania“ holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB000464. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates UAB „Pyrros Lithuania“?
UAB „Pyrros Lithuania“ 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 „Pyrros Lithuania“'s licence or FRN number?
UAB „Pyrros Lithuania“'s licence reference number is LB000464. 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 „Pyrros Lithuania“ authorised in other EEA countries?
Yes. UAB „Pyrros Lithuania“ is passported to 28 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.

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Registered office

Street
Vilniaus m. sav. Vilniaus m. Mėsinių g. 5
City
Vilnius, 01133

Ratings & reader notes

112 ratings · 0 written notes

3.9(112 ratings)
  • 5★51
  • 4★26
  • 3★15
  • 2★9
  • 1★11

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