What is the difference between an authorised EMI, a small EMI and a PI?

An authorised EMI can issue e-money without a volume cap and, in the EEA, can passport its services into other member states. A small EMI operates below a regulatory threshold for average outstanding e-money, carries lighter requirements and cannot passport. A payment institution (PI) is authorised to provide payment services but cannot issue e-money.

How are the listings in this directory verified?

Every entry is cross-checked against the issuing regulator's own public record — the FCA Financial Services Register in the UK and the EBA EUCLID register across the EEA. Firms whose licence has been withdrawn, lapsed or suspended are flagged or removed at the next sync, so the directory reflects live authorisation status rather than a one-off snapshot.

Is money held with an EMI protected like a bank deposit?

No. E-money is not covered by a deposit-guarantee scheme such as the UK's Financial Services Compensation Scheme. Instead, EMIs must safeguard customer funds by holding them separately from the firm's own money, so that balances can be returned to customers if the firm fails.

How current is the data?

Listings are re-checked against the competent-authority registers on a weekly cadence, and each record shows when it was last verified.

EMI register: licensed e-money institutions

839 institutions · EMI

Every authorised e-money institution across the UK and the EEA, each cross-checked against the FCA Financial Services Register and the EBA EUCLID register. Filter by licence type, live status or EEA passporting, or search by firm name and reference number.

Licence:

All EMI Small EMI Exempted EMI PI

Status:

All Active Defunct Withdrawn Inactive

Passporting:

All With EEA passport

VerifiedFCA 901022

Opay Holding Limited

EMI · United Kingdom

Verified active. Opay Holding Limited holds a current UK e-money licence, authorised by the Financial Conduct Authority.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 901046

Openpayd Financial Services Malta Limite

EMI · United Kingdom

Verified defunct. Openpayd Financial Services Malta Limited was authorised in United Kingdom as an electronic money institution under licence 901046.

Cross-border reachDomestic
Service scopeSpecialist

Defunct

VerifiedFCA C 75580

Openpayd Financial Services Malta Limited

EMI · Malta

Verified active. Openpayd Financial Services Malta Limited holds licence C 75580 from the Malta Financial Services Authority.

Cross-border reachPan-European
Service scopeFull-service
Reader rating4.6

Active

VerifiedFCA C176000

WEX

EMI · Ireland

Verified active. Optal Financial Europe Limited, trading as WEX, holds a current Irish e-money licence.

Cross-border reachPan-European
Service scopeMulti-service
Reader rating2.8

Active

VerifiedFCA 900112

Optal Financial Limited

EMI · United Kingdom

Verified active. Optal Financial Limited holds a current UK e-money licence, authorised to distribute and redeem electronic money, issue electronic money, and safeguard customer funds.

Cross-border reachDomestic
Service scopeSpecialist
Reader rating4.0

Active

VerifiedFCA 902034

Optimus Cards UK Limited

EMI · United Kingdom

Verified active. Optimus Cards UK Limited holds a current UK e-money licence from the Financial Conduct Authority, reference 902034, granted 22 November 2018.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA R199952

Orenda FS B.V.

EMI · Netherlands

Verified active. Orenda FS B.V. holds a current Dutch e-money licence. It authorises cash withdrawal services on a payment account.

Cross-border reachPan-European
Service scopeMulti-service

Active

VerifiedFCA 115.1.3.23

Oro Pay Ltd

EMI · Cyprus

Verified active. Oro Pay Ltd holds a current Cypriot e-money licence from the Central Bank of Cyprus (Licence reference 115.1.3.23).

Cross-border reachPan-European
Service scopeSpecialist
Reader rating4.1

Active

VerifiedFCA 900931

Oro Pay Ltd

EMI · United Kingdom

Verified defunct. ORO PAY LTD holds a UK electronic money licence (900931) authorised by the FCA.

Cross-border reachDomestic
Service scopeSpecialist

Defunct

VerifiedFCA 801587027

Otro Pay E.M.I.

EMI · Greece

Verified active. OTRO PAY E.M.I. holds a current Greek e-money licence from the Bank of Greece, licence reference 801587027.

Cross-border reachRegional
Service scopeMulti-service
Reader rating3.9

Active

VerifiedFCA 6727

Outpayce, S.A.

EMI · Spain

Verified active. OUTPAYCE, S.A. is a Spanish electronic money institution licensed by Banco de Espana under reference 6727.

Cross-border reachMulti-market
Service scopeMulti-service
Reader rating2.7

Active

VerifiedFCA 900482

Ozan Limited

EMI · United Kingdom

Verified active. Ozan Limited holds a current licence as an electronic money institution under FCA regulation.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 989454

Pagonxt Payments UK LTD.

EMI · United Kingdom

Verified defunct. PAGONXT PAYMENTS UK LTD was an Electronic Money Institution licensed by the Financial Conduct Authority under reference 989454.

Cross-border reachDomestic
Service scopeSpecialist

Defunct

VerifiedFCA 1015835

Panpay UK Ltd

EMI · United Kingdom

Verified active. PANPAY UK LTD operates under a current licence granted by the Financial Conduct Authority on 4 June 2025.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA C55146

Papaya Ltd

EMI · Malta

Verified active. PAPAYA LTD holds a current Malta Financial Services Authority e-money licence.

Cross-border reachPan-European
Service scopeMulti-service
Reader rating4.0

Active

VerifiedFCA 900016

Park Card Services Ltd

EMI · United Kingdom

Verified active. Park Card Services Ltd holds a UK e-money licence (EMI) reference 900016 authorised by the Financial Conduct Authority.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 967198

Pax2pay Ltd

EMI · United Kingdom

Verified active. PAX2PAY LTD holds a current UK e-money licence from the FCA. Its authorisation covers distribution and redemption of electronic money, safeguarding of customer funds, and issuance of electronic money.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 902071

PAXEPT Payments Ltd

EMI · United Kingdom

Verified defunct. PAXEPT Payments Ltd holds licence 902071, authorised by the Financial Conduct Authority.

Cross-border reachDomestic
Service scopeSpecialist
Reader rating3.0

Defunct

VerifiedFCA 32368862

Paxos Issuance Europe Oy

EMI · Finland

Verified active. Paxos Issuance Europe Oy is a money institution listed by the Finnish Financial Supervisory Authority under licence reference 32368862.

Cross-border reachPan-European
Service scopeMulti-service
Reader rating4.6

Active

VerifiedFCA 967259

Payabl. (UK) Limited

EMI · United Kingdom

Verified active. PAYABL. (UK) LIMITED holds a current UK e-money licence with reference 967259 from the Financial Conduct Authority.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 944721

Payally Limited

EMI · United Kingdom

Verified active. PAYALLY LIMITED holds an EMI licence from the Financial Conduct Authority (944721) granted 13 December 2021.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 125314

PayCenter GmbH

EMI · Germany

Verified active. PayCenter GmbH holds a current German e-money licence granted by the Bundesanstalt fur Finanzdienstleistungsaufsicht.

Cross-border reachRegional
Service scopeFull-service
Reader rating2.3

Active

VerifiedFCA R189095

pay.cetera B.V.

EMI · Netherlands

Verified active. pay.cetera B.V. holds a current Dutch e-money licence (R189095) issued 26 October 2023.

Cross-border reachRegional
Service scopeSpecialist

Active

VerifiedFCA C 109162

Paydo EU Ltd

EMI · Malta

Verified active. Paydo EU Ltd holds a current Maltese e-money licence (C 109162) granted by the Malta Financial Services Authority.

Cross-border reachPan-European
Service scopeFull-service
Reader rating4.1

Active

VerifiedFCA 900043

Payen Limited

EMI · United Kingdom

Verified active. Payen Limited holds licence 900043 issued by the FCA on 30 April 2018. The authorisation covers issuance of electronic money, safeguarding customer funds, and distribution and redemption of electronic money.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA C 107340

Payfuture FS MT LTD.

EMI · Malta

Verified active. PAYFUTURE FS MT LTD holds a current Maltese e-money licence reference C 107340.

Cross-border reachPan-European
Service scopeMulti-service
Reader rating3.9

Active

VerifiedFCA 987096

Payhawk Financial Services Limited

EMI · United Kingdom

Verified active. PAYHAWK FINANCIAL SERVICES LIMITED is a United Kingdom electronic money institution.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA LB002200

Payhawk Financial Services

EMI · Lithuania

Verified active. Payhawk Financial Services UAB holds a current Lithuanian e-money licence issued by the Bank of Lithuania.

Cross-border reachPan-European
Service scopeFull-service
Reader rating4.3

Active

VerifiedFCA C 86493

Payhound Limited

EMI · Malta

Verified active. Payhound Limited holds a current Malta electronic money licence issued by the Malta Financial Services Authority.

Cross-border reachPan-European
Service scopeMulti-service
Reader rating4.0

Active

VerifiedFCA LB001876

Paylar, UAB

EMI · Lithuania

Verified active. Paylar, UAB holds a current Lithuanian e-money licence from the Bank of Lithuania.

Cross-border reachPan-European
Service scopeSpecialist
Reader rating3.8

Active

VerifiedFCA 942184

Payler Ltd

EMI · United Kingdom

Verified active. Payler Ltd holds a current UK e-money licence from the Financial Conduct Authority, reference 942184, granted 22 November 2021.

Cross-border reachDomestic
Service scopeSpecialist
Reader rating3.0

Active

VerifiedFCA 900860

Paymaster (1836) Limited

EMI · United Kingdom

Verified defunct. Paymaster (1836) Limited held a UK Electronic Money Institution licence with the Financial Conduct Authority, reference 900860.

Cross-border reachDomestic
Service scopeSpecialist

Defunct

VerifiedFCA 930619

Payment Card Solutions (UK) Limited

EMI · United Kingdom

Verified active. PAYMENT CARD SOLUTIONS (UK) LIMITED is authorised by the FCA under Licence Ref 930619.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA C451387

Dojo

EMI · Ireland

Verified active. Paymentsense Ireland Limited, trading as Dojo, holds an electronic money licence issued by the Central Bank of Ireland.

Cross-border reachPan-European
Service scopeSpecialist
Reader rating4.0

Active

VerifiedFCA 900925

Paymentsense Limited

EMI · United Kingdom

Verified active. Paymentsense Limited holds a current EMI licence (900925) issued by the Financial Conduct Authority.

Cross-border reachDomestic
Service scopeSpecialist
Reader rating3.0

Active

VerifiedFCA LB002054

Paymont, UAB

EMI · Lithuania

Verified active. PAYMONT UAB holds a current Lithuanian e-money licence (LB002054) authorised by the Bank of Lithuania.

Cross-border reachPan-European
Service scopeMulti-service
Reader rating3.8

Active

About this directory

An e-money institution (EMI) is a firm authorised to issue electronic money and to provide payment services such as payment accounts, cards and transfers. In the UK these firms are authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011; across the EEA they are authorised by a national competent authority under the E-Money Directive and listed in the European Banking Authority’s central register.

This directory brings those separate registers into one place. Each entry records the firm’s licence type — authorised EMI, small EMI or payment institution — its home regulator, reference number and current authorisation status, and is re-checked against the source register on a weekly cadence. Listings whose licence has been withdrawn, lapsed or suspended are flagged or filtered out rather than left to go stale.

Frequently asked questions

What is an e-money institution (EMI)?: An e-money institution is a firm authorised to issue electronic money — a digital store of prepaid funds — and to provide related payment services such as payment accounts, cards and transfers. In the UK, EMIs are authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011; across the EEA they are authorised by their national competent authority under the E-Money Directive and recorded in the European Banking Authority's central register.
What is the difference between an authorised EMI, a small EMI and a PI?: An authorised EMI can issue e-money without a volume cap and, in the EEA, can passport its services into other member states. A small EMI operates below a regulatory threshold for average outstanding e-money, carries lighter requirements and cannot passport. A payment institution (PI) is authorised to provide payment services but cannot issue e-money.
How are the listings in this directory verified?: Every entry is cross-checked against the issuing regulator's own public record — the FCA Financial Services Register in the UK and the EBA EUCLID register across the EEA. Firms whose licence has been withdrawn, lapsed or suspended are flagged or removed at the next sync, so the directory reflects live authorisation status rather than a one-off snapshot.
Is money held with an EMI protected like a bank deposit?: No. E-money is not covered by a deposit-guarantee scheme such as the UK's Financial Services Compensation Scheme. Instead, EMIs must safeguard customer funds by holding them separately from the firm's own money, so that balances can be returned to customers if the firm fails.
How current is the data?: Listings are re-checked against the competent-authority registers on a weekly cadence, and each record shows when it was last verified.