UNLIMIT
Legal name: UNLIMIT EU LTD - (former name: CardPay Ltd)
Licence number
115.1.3.7
Authorised since
09 Jul 2018
EEA passports
29
Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- Pan-EuropeanTier A
- Scope
- Multi-serviceTier B
- Tenure
- MatureTier B
Passports into 29 EEA jurisdictions.
Authorised for 5 payment-services activities.
Authorised 8 years ago.
About this institution
Verified active. UNLIMIT EU LTD holds a Cyprus e-money licence under reference 115.1.3.7, granted by the Cyprus Securities and Exchange Commission. The licence authorises safeguarding of customer funds, execution of payment transactions on a payment account, payment initiation services, issuance of electronic money, issuing payment instruments and acquiring payment transactions. The scope covers safeguarding customer funds, issuing electronic money, and performing payment initiation services across all host states. The licence's authorisation includes issuing payment instruments and acquiring payment transactions in all host states.
The entity's passporting extends to 29 EEA host states. The register lists Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden. The passporting grant allows operations in each of these states without additional licences. The licence also authorises the acquisition and execution of payment transactions across the EEA. These operations are governed by the same regulatory framework across all jurisdictions.
Data note: the licence was granted on 9 July 2018. No notes in the register indicate any change to the operational status since issuance. The lack of any regulatory updates suggests continuous compliance with the original licence terms. No withdrawals or status changes appear in the register. Cyprus Securities and Exchange Commission, reference 115.1.3.7, status active as at last cross-check.
Licence timeline
3 dated eventsDated events for UNLIMIT, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Cyprus Securities and Exchange Commission register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Cyprus Securities and Exchange Commission
Position in the Cyprus register
Cyprus EMIs
35
Active
35
Full / small licences
35 / 0
Licence age rank
7/35
UNLIMIT is one of 35 e-money institutions on the Cyprus register, 35 of which are currently active. Its licence is the 7th oldest of the 35 dated Cyprus EMI authorisations, one of 12 granted in 2018.
Is your money safe with UNLIMIT?
UNLIMIT holds an e-money authorisation from Cyprus Securities and Exchange Commission, 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, UNLIMIT can provide services across the following EEA jurisdictions, in addition to its home authorisation in Cyprus.
Estonia5
Czech Republic5
Netherlands5
France5
Portugal5
Malta5
Iceland5
Poland5
Slovakia5
Denmark5
Greece5
Ireland5
Croatia5
Slovenia5
Norway5
Italy5
Bulgaria5
Belgium5
Lithuania5
Spain5
Romania5
Luxembourg5
Finland5
Austria5
Germany5
Latvia5
Liechtenstein5
Hungary5
Sweden5
Authorised activities (PSD2 / EMD2)
Payment-services activities UNLIMIT 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
- Issuance of electronic moneyEMI_ISSUANCE
- Payment initiation services (PIS)PSD2_7
- Safeguarding of customer fundsSAFEGUARDING
Frequently asked questions
- Is UNLIMIT a licensed e-money institution?
- Yes. UNLIMIT holds EMI authorisation from Cyprus Securities and Exchange Commission in Cyprus, licence reference 115.1.3.7. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates UNLIMIT?
- UNLIMIT is authorised and supervised by Cyprus Securities and Exchange Commission in Cyprus. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is UNLIMIT's licence or FRN number?
- UNLIMIT's licence reference number is 115.1.3.7. 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 UNLIMIT authorised in other EEA countries?
- Yes. UNLIMIT 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 Cyprus
Registered office
- Street
- 125 Georgiou Griva Digeni
- City
- Limassol, 3101
Ratings & reader notes
139 ratings · 0 written notes
- 5★71
- 4★33
- 3★19
- 2★6
- 1★10
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