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 Firms whose licence has been withdrawn, lapsed or suspended are flagged or removed at the next sync, so the directory reflects live authorisation status rather than a one-off snapshot.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

11 institutions · Small EMI · withdrawn

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All Active Defunct Withdrawn Inactive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 900118

Attach (Global) Limited

Small EMI · United Kingdom

Verified withdrawn. Attach (Global) Limited held a Small EMI licence from the Financial Conduct Authority, authorising issuance of electronic money and safeguarding of customer funds.

Cross-border reachDomestic
Service scopeSpecialist

Authorisation withdrawn

VerifiedFCA 901054

Biilz UK Ltd

Small EMI · United Kingdom

Verified withdrawn. Biilz UK Ltd held a Small EMI licence from the Financial Conduct Authority under reference 901054.

Cross-border reachDomestic
Service scopeSpecialist

Authorisation withdrawn

VerifiedFCA 900515

Cendit Limited

Small EMI · United Kingdom

Verified withdrawn. Cendit Limited was granted a Small EMI licence by the FCA in the United Kingdom.

Cross-border reachDomestic
Service scopeSpecialist
Reader rating5.0

Authorisation withdrawn

VerifiedFCA 900108

Damaras Limited

Small EMI · United Kingdom

Verified withdrawn. Damaras Limited, a United Kingdom small electronic money institution, previously held an FCA licence that authorised safeguarding of customer funds and issuance of electronic money.

Cross-border reachDomestic
Service scopeSpecialist

Authorisation withdrawn

VerifiedFCA 900152

Droplet Online Ltd

Small EMI · United Kingdom

Verified. Droplet Online Ltd holds a Small EMI licence granted by the Financial Conduct Authority, as cross-checked against the FCA register, authorising safeguarding of customer funds and issuance of electronic money.

Cross-border reachDomestic
Service scopeSpecialist

Authorisation withdrawn

VerifiedFCA 900187

Fortress (GB) Limited

Small EMI · United Kingdom

Verified withdrawn. Fortress (GB) Limited held a small EMI licence (reference 900187) from the Financial Conduct Authority, cross checked against the FCA register.

Cross-border reachDomestic
Service scopeSpecialist

Authorisation withdrawn

VerifiedFCA 926987

Param@ UK Ltd

Small EMI · United Kingdom

Licence status verified against the FCA Financial Services Register: PARAM@ UK LTD held a Small EMI authorisation under reference 926987.

Cross-border reachDomestic
Service scopeSpecialist

Authorisation withdrawn

VerifiedFCA 900041

PPPay Limited

Small EMI · United Kingdom

Verified withdrawn. PPPay Limited held a former Financial Conduct Authority small electronic money institution licence (reference 900041).

Cross-border reachDomestic
Service scopeSpecialist

Authorisation withdrawn

VerifiedFCA 900689

SETL Payments Limited

Small EMI · United Kingdom

Operational status: withdrawn. SETL Payments Limited held a Small EMI licence from the Financial Conduct Authority under reference 900689.

Cross-border reachDomestic
Service scopeSpecialist

Authorisation withdrawn

VerifiedFCA 900068

Smartphone Money Limited

Small EMI · United Kingdom

Verified withdrawn. Smartphone Money Limited is a UK Small EMI whose licence, reference 900068, is issued by the Financial Conduct Authority.

Cross-border reachDomestic
Service scopeSpecialist

Authorisation withdrawn

VerifiedFCA 901041

UAB Best Finance

Small EMI · United Kingdom

Verified withdrawn. UAB Best Finance, a UK entity, holds a Small EMI licence from the FCA.

Cross-border reachDomestic
Service scopeSpecialist
Reader rating3.0

Authorisation withdrawn

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.