Regulatory Framework

Rapyd is a group of legal entities that provide various payments services (Service). Depending on the Service we provide to you and the jurisdiction of your operation, different legal entities may be providing you with the Service. Rapyd is licensed in the following manner and countries: 

UK: Rapyd Payments Limited, holder of an Electronic Money Institution licence number 900688 issued by the Financial Conduct Authority.

EU/EEA: Rapyd Europe hf., i.d. no. 500683-0589, Electronic Money Institution issued by the Central Bank of Iceland.

Singapore: Rapyd Holding Pte Ltd, Major Payment Institution issued by Monetary Authority of Singapore. 

Hong Kong: 1. Neat Limited, Money Service Operator License (19-06-02796) issued by the Customs & Excise Department of Hong Kong; Money Lender Licence (‍0645/2022) issued by the Companies Registry; 2. Neat Asia Limited, Trust and Corporate Service Provider (TC007913) issued by the Companies Registry. 

In the rest of the world, Rapyd provides regulated Services through its selected Network Partners. The Rapyd Network Partners are incorporated, licensed and registered with each jurisdiction as required by each regulatory body. If Rapyd, in select jurisdictions, provides certain regulated Services through its Network Partners, clients may be subject to certain additional terms.