Rapyd Europe hf
Registration number
500683-0589
Legal address
Dalshraun 3, 220 Hafnarfjörður
Country of origin
Iceland
Supervisory authority
Notifies of the merger of Valitor hf., id no. 500683-0589 a payment institution (the take-over party) and Rapyd Europe hf., id no. 420602-3650 an e-money institution (the overtaken party).
Market segments
Market segment
Payment service providers
Phone
3548692345
E-mail
Other market segments
Licenses / Types of activities
Electronic money institutions
Freedom to provide services
Payment initiation service
Date: 11.04.2023
Payment service providers
Service providers from the EEA
Execution of payment transactions, including transfers of funds on a payment account with the user`s payment provider or with another payment service provider
Date: 11.04.2023
execution of direct debits, including one-off direct debits
Issuing of payment instruments
Date: 11.04.2023
including granting of credit in accordance with Article 18(4) of Directive (EU) 2015/2366
Services enabling cash to be placed on a payment account as well as all the operations required for operating a payment account
Date: 11.04.2023
execution of direct debits, including one-off direct debits
Issuing electronic money
Date: 11.04.2023
How to become a market participant
In order to become a participant of Latvian financial and capital markets and commence business activities, a credit institution, an insurance company, a reinsurance company, an insurance broker, a credit union, an investment management company, an investment firm, an operator of regulated market, a pension fund, a payment institution, an electronic money institution, as well as an alternative investment fund manager shall obtain operating authorisation (licence).