Is ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd) a licensed e-money institution?

Yes. ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd) holds EMI authorisation from Cyprus Securities and Exchange Commission in Cyprus, licence reference 115.1.3.59. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.

Who regulates ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd)?

ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd) 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 ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd)'s licence or FRN number?

ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd)'s licence reference number is 115.1.3.59. 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 ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd) authorised in other EEA countries?

Yes. ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd) is passported to 29 EEA jurisdictions, meaning it can provide e-money and payment services across those countries on its home authorisation.

ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd)

3.1(101 notes)ActiveEMI

View on register

Regulator

Cyprus Securities and Exchange Commission

Licence number

115.1.3.59

Authorised since

14 Jun 2024

EEA passports

Profile rates

Data-derived · A is broadest

Three named tiers comparing this institution against the rest of the European register.

Reach: Pan-EuropeanTier A
Scope: SpecialistTier C
Tenure: GrowingTier C

About this institution

Verified active against the Cyprus Securities and Exchange Commission register. ZOLVAT LTD (formerly Azzure Solutions (CY) Ltd) holds a current e-money institution licence under reference 115.1.3.59, granted 14 June 2024. The entity is authorised to execute payment transactions on a payment account, issue electronic money, issue payment instruments and acquire payment transactions, and safeguard customer funds. These four activity streams define the operational scope recorded in the regulator's file.

The licence extends across 29 EEA host states through passporting rights. The entity's authorisation covers 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. Cross-border service delivery under this passport is subject to host state notification and applicable local rules in each jurisdiction.

Data note: operational status is confirmed as active. The Cyprus Securities and Exchange Commission register lists all four authorised activities and the full 29-state passporting reach as recorded. As at the last cross-check, the entity's authorisation continues under licence reference 115.1.3.59.

EEA passporting

29 jurisdictions

Under the EU passporting regime, ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd) can provide services across the following EEA jurisdictions, in addition to its home authorisation in Cyprus.

Greece6
Croatia6
Estonia6
Slovenia6
Sweden6
Hungary6
Belgium6
Latvia6
Czech Republic6
Ireland6
Germany6
Norway6
Poland6
Italy6
Bulgaria6
Romania6
Spain6
Finland6
Denmark6
Malta6
Slovakia6
Portugal6
Austria6
France6
Iceland6
Netherlands6
Liechtenstein6
Luxembourg6
Lithuania6

Authorised activities (PSD2 / EMD2)

Payment-services activities ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd) is permitted to carry out under its licence, as recorded in the register.

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

Frequently asked questions

Is ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd) a licensed e-money institution?: Yes. ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd) holds EMI authorisation from Cyprus Securities and Exchange Commission in Cyprus, licence reference 115.1.3.59. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd)?: ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd) 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 ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd)'s licence or FRN number?: ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd)'s licence reference number is 115.1.3.59. 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 ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd) authorised in other EEA countries?: Yes. ZOLVAT LTD (Former name: Azzure Solutions (CY) Ltd) 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

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Registered office

Street: 213B Archiepiskopou Makariou III, Maximos Plaza, Flat 3
City: Limassol, 3105

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