Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- DomesticTier D
- Scope
- SpecialistTier C
- Tenure
- MatureTier B
No EEA passporting on record.
Authorised for 3 payment-services activities.
Authorised 5 years ago.
About this institution
Verified active continuously. WEAVEPAY LIMITED holds a current UK e-money licence (FCA reference 935764) to serve customers throughout the United Kingdom globally. The licence authorises issuance of electronic money, safeguarding of customer funds and distribution and redemption of electronic money for customers. No EEA passporting is on record for strictly cross-border operations today. Data note: licence granted on 20 April 2021 today. The register lists the entity as active under FCA reference 935764.
Licence timeline
3 dated eventsDated events for WEAVEPAY LIMITED, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Financial Conduct Authority register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Financial Conduct Authority
Position in the United Kingdom register
United Kingdom EMIs
474
Active
289
Full / small licences
403 / 71
Licence age rank
197/287
WEAVEPAY LIMITED is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 197th oldest of the 287 dated United Kingdom EMI authorisations, one of 37 granted in 2021.
Is your money safe with WEAVEPAY LIMITED?
WEAVEPAY LIMITED holds an e-money authorisation from Financial Conduct Authority, 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 the FSCS, 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.
Authorised activities (PSD2 / EMD2)
Payment-services activities WEAVEPAY LIMITED is permitted to carry out under its licence, as recorded in the register.
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is WEAVEPAY LIMITED a licensed e-money institution?
- Yes. WEAVEPAY LIMITED holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 935764. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates WEAVEPAY LIMITED?
- WEAVEPAY LIMITED is authorised and supervised by Financial Conduct Authority in United Kingdom. Its e-money licence and current status are listed on the FCA Financial Services Register at register.fca.org.uk.
- What is WEAVEPAY LIMITED's licence or FRN number?
- WEAVEPAY LIMITED's licence reference number is 935764. Enter it on the FCA Financial Services Register at register.fca.org.uk to confirm the institution's identity and that its authorisation is in force.
Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.
Other licensed institutions in United Kingdom
Ratings & reader notes
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