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UAB „Silvergate LT“

Lithuania
2.5(126 ratings)ActiveEMI
View on register

Licence number

LB001875

Authorised since

30 May 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
SpecialistTier C

Authorised for 4 payment-services activities.

Tenure
MatureTier B

Authorised 7 years ago.

About this institution

Verified active. UAB „Silvergate LT" has a current Lithuanian electronic money licence LB001875, issued by the Bank of Lithuania on 30 May 2019. The licence authorises execution of payment transactions on a payment account. It permits issuance of electronic money and issuing payment instruments and acquiring payment transactions. Safeguarding of customer funds is also covered by the entity.

The licence is passported to 29 European Economic Area host states: 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, Sweden.

Data note: the licence was granted on 30 May 2019, a date confirmed in the register. Register records: Bank of Lithuania, licence reference LB001875, status confirmed as active.

Licence timeline

3 dated events

Dated events for UAB „Silvergate LT“, 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

53/102

UAB „Silvergate LT“ is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 53rd oldest of the 102 dated Lithuania EMI authorisations, one of 20 granted in 2019.

Is your money safe with UAB „Silvergate LT“?

UAB „Silvergate LT“ 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 „Silvergate LT“ can provide services across the following EEA jurisdictions, in addition to its home authorisation in Lithuania.

  • ItalyItaly5
  • Czech RepublicCzech Republic5
  • FinlandFinland5
  • IrelandIreland5
  • BelgiumBelgium5
  • GreeceGreece5
  • AustriaAustria5
  • BulgariaBulgaria5
  • SloveniaSlovenia5
  • LiechtensteinLiechtenstein5
  • SwedenSweden5
  • GermanyGermany5
  • HungaryHungary5
  • LuxembourgLuxembourg5
  • LatviaLatvia5
  • IcelandIceland5
  • PortugalPortugal5
  • MaltaMalta5
  • CroatiaCroatia5
  • FranceFrance5
  • DenmarkDenmark5
  • NorwayNorway5
  • PolandPoland5
  • SlovakiaSlovakia5
  • NetherlandsNetherlands5
  • SpainSpain5
  • EstoniaEstonia5
  • RomaniaRomania5
  • CyprusCyprus5

Authorised activities (PSD2 / EMD2)

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

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

Frequently asked questions

Is UAB „Silvergate LT“ a licensed e-money institution?
Yes. UAB „Silvergate LT“ holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB001875. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates UAB „Silvergate LT“?
UAB „Silvergate LT“ 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 „Silvergate LT“'s licence or FRN number?
UAB „Silvergate LT“'s licence reference number is LB001875. 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 „Silvergate LT“ authorised in other EEA countries?
Yes. UAB „Silvergate LT“ 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
Upės g. 21-1
City
Vilnius, LT-08128

Ratings & reader notes

126 ratings · 0 written notes

2.5(126 ratings)
  • 5★11
  • 4★26
  • 3★19
  • 2★32
  • 1★38

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