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 Firms whose licence has been withdrawn, lapsed or suspended are flagged or removed at the next sync, so the directory reflects live authorisation status rather than a one-off snapshot.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

985 institutions

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All Active Defunct Withdrawn Inactive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 W00000021

Ripple Payments Europe S.A.

EMI · Luxembourg

Verified active.

Cross-border reachPan-European
Service scopeMulti-service

Active

VerifiedFCA C513978

Rippling Payments Ireland Limited

EMI · Ireland

Verified active as of January 2025.

Cross-border reachPan-European
Service scopeSpecialist

Active

VerifiedFCA 1018518

RIPPLING PAYMENTS UK LIMITED

EMI · United Kingdom

Verified active.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 937049

RONGHAN INTERNATIONAL LIMITED

EMI · United Kingdom

Verified active.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 156959

RS2 Financial Services GmbH

EMI · Germany

Verified active.

Cross-border reachRegional
Service scopeFull-service
Reader rating4.7

Active

VerifiedFCA 115.1.3.33

SAAMIPAY LTD (Formerly named: HALEEL FINANCE LTD) - (License revoked on 09/07/2025)

EMI · Cyprus

Licence revoked as of 9 July 2025.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 40003654405

Mobilly

EMI · Latvia

Verified active.

Cross-border reachRegional
Service scopeMulti-service
Reader rating3.5

Active

VerifiedFCA 40103445248

My Pay

Small EMI · Latvia

Verified active.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 40003523495

TIRDZNIECĪBAS CENTRS PLESKODĀLE

Small EMI · Latvia

Verified active.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 41503033127

Transact Pro

EMI · Latvia

Verified active.

Cross-border reachPan-European
Service scopeSpecialist
Reader rating3.9

Active

VerifiedFCA 900841

Sabstone Ltd

Small EMI · United Kingdom

Verified against the FCA Financial Services Register as at the last cross-check: Sabstone Ltd held a Small EMI licence under reference 900841.

Cross-border reachDomestic
Service scopeSpecialist

Defunct

VerifiedFCA 40860320

Safenetpay ApS

EMI · Denmark

Verified active.

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

Active

VerifiedFCA 927601

SafeNetPay Services Company Limited

EMI · United Kingdom

Verified active.

Cross-border reachDomestic
Service scopeSpecialist
Reader rating5.0

Active

VerifiedFCA 902020

Safenet Trading Limited

EMI · United Kingdom

Licence reference 902020 is recorded as defunct.

Cross-border reachDomestic
Service scopeSpecialist
Reader rating5.0

Defunct

VerifiedFCA 06419526

Safe Payments Solutions s.r.o., v likvidaci

Small EMI · Czech Republic

Verified active as a small e-money institution.

Cross-border reachDomestic
Service scopeMulti-service

Active

VerifiedFCA 900180

Sage Payments (UK) Ltd.

EMI · United Kingdom

Verified against the FCA Financial Services Register.

Cross-border reachDomestic
Service scopeSpecialist

Defunct

VerifiedFCA 920017134

SCHUMAN FINANCIAL

EMI · France

Verified active.

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

Active

VerifiedFCA W00000010

Satispay Europe S.A.

EMI · Luxembourg

Verified active.

Cross-border reachPan-European
Service scopeSpecialist
Reader rating3.6

Active

VerifiedFCA 900647

SEACHANGE FINANCIAL SERVICES LIMITED

EMI · United Kingdom

Verified active.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA LB000412

„Secure Nordic Payments“, UAB

EMI · Lithuania

Verified active.

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

Active

VerifiedFCA 900475

Sedel Capital LLP

Small EMI · United Kingdom

Verified active.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 6705

SEFIDE, E.D.E., S.L.

EMI · Spain

Verified active.

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

Active

VerifiedFCA 932841

Sendspend Limited

Small EMI · United Kingdom

Verified active.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 900783

Sepaga E.M.I. Limited

EMI · United Kingdom

Verified against the FCA Financial Services Register: Sepaga E.M.I.

Cross-border reachDomestic
Service scopeSpecialist

Defunct

VerifiedFCA 115.1.3.18

SEPAGA E.M.I. LIMITED

EMI · Cyprus

Verified active.

Cross-border reachPan-European
Service scopeSpecialist
Reader rating3.6

Active

VerifiedFCA 900621

SEQR Payments AB

EMI · United Kingdom

Verified against the FCA Financial Services Register.

Cross-border reachDomestic
Service scopeSpecialist

Defunct

VerifiedFCA 900689

SETL Payments Limited

Small EMI · United Kingdom

Licence withdrawn.

Cross-border reachDomestic
Service scopeSpecialist

Authorisation withdrawn

VerifiedFCA 900483

SETTLEGO SOLUTIONS LIMITED

EMI · United Kingdom

Verified active.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 995073064

Settle Group AS

EMI · Norway

Verified active.

Cross-border reachPan-European
Service scopeFull-service
Reader rating4.8

Active

VerifiedFCA LB002063

Sezzle Lithuania, UAB

EMI · Lithuania

Verified active.

Cross-border reachPan-European
Service scopeMulti-service
Reader rating2.7

Active

VerifiedFCA 1012490

SGM - FOREIGN EXCHANGE LIMITED

EMI · United Kingdom

Verified active.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 939202

Shout 2020 Limited

Small EMI · United Kingdom

Verified active as of the last FCA Financial Services Register cross-check.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 900990

Shrap Ltd

Small EMI · United Kingdom

Verified active.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 44103125067

Andele Mandele

Small EMI · Latvia

Verified active.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 40003812282

Dāvanu karte

Small EMI · Latvia

Verified active.

Cross-border reachDomestic
Service scopeSpecialist

Active

VerifiedFCA 40103794693

Dukascopy Payments

EMI · Latvia

Verified active.

Cross-border reachPan-European
Service scopeSpecialist
Reader rating4.6

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.