Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- Pan-EuropeanTier A
- Scope
- Full-serviceTier A
- Tenure
- MatureTier B
Passports into 29 EEA jurisdictions.
Authorised for 10 payment-services activities.
Authorised 5 years ago.
About this institution
Verified active. Witty Global UAB holds a current Lithuanian e-money licence from the Bank of Lithuania. Its authorisation covers payment initiation services, issuance of electronic money, execution of payment transactions on a payment account and with credit lines. It also provides cash withdrawal, cash deposit, payment instrument issuing, acquiring payment transactions, account information services and safeguarding of customer funds.
The licence is passported into 29 EEA host states, including 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.
The register lists the licence reference LB002046, granted 23 December 2020, with no missing data on the passporting count or operational status. The Bank of Lithuania's record confirms the licence reference LB002046 and the active status as at the last cross-check.
Licence timeline
3 dated eventsDated events for WITTY GLOBAL UAB, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Bank of Lithuania register
Automated daily verification of licence status and reference.
First verified and added to this directory
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
83/102
WITTY GLOBAL UAB is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 83rd oldest of the 102 dated Lithuania EMI authorisations, one of 17 granted in 2020.
Is your money safe with WITTY GLOBAL UAB?
WITTY GLOBAL UAB 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.
EEA passporting
29 jurisdictionsUnder the EU passporting regime, WITTY GLOBAL UAB can provide services across the following EEA jurisdictions, in addition to its home authorisation in Lithuania.
France14
Liechtenstein14
Greece14
Italy14
Norway14
Finland14
Romania14
Ireland14
Slovakia14
Luxembourg14
Iceland14
Poland14
Sweden14
Netherlands14
Bulgaria14
Hungary14
Slovenia14
Latvia14
Croatia14
Malta14
Belgium14
Cyprus14
Estonia14
Portugal14
Czech Republic14
Spain14
Denmark14
Austria14
Germany14
Authorised activities (PSD2 / EMD2)
Payment-services activities WITTY GLOBAL UAB is permitted to carry out under its licence, as recorded in the register.
- Issuance of electronic moneyEMI_ISSUANCE
- Money remittancePSD2_6
- Safeguarding of customer fundsSAFEGUARDING
- Execution of payment transactions where funds are covered by credit linePSD2_4
- Cash withdrawal services on a payment accountPSD2_2
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Payment initiation services (PIS)PSD2_7
- Account information services (AIS)PSD2_8
- Execution of payment transactions on a payment accountPSD2_3
- Cash deposit services on a payment accountPSD2_1
Frequently asked questions
- Is WITTY GLOBAL UAB a licensed e-money institution?
- Yes. WITTY GLOBAL UAB holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB002046. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates WITTY GLOBAL UAB?
- WITTY GLOBAL UAB 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 WITTY GLOBAL UAB's licence or FRN number?
- WITTY GLOBAL UAB's licence reference number is LB002046. 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 WITTY GLOBAL UAB authorised in other EEA countries?
- Yes. WITTY GLOBAL UAB 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
Registered office
- Street
- Jogailos g. 9
- City
- Vilnius, 01116
Ratings & reader notes
146 ratings · 0 written notes
- 5★24
- 4★24
- 3★15
- 2★46
- 1★37
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