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:

European Union /European Economic Area: Rapyd Europe hf., an Electronic Money Institution (identification number 500683-0589) issued and regulated by the Central Bank of Iceland.

United Kingdom: Rapyd Payments Limited, holder of an Electronic Money Institution (license number 900688) issued by the Financial Conduct Authority; CashDash UK Limited, holder of an Electronic Money Institution number 900769 issued by the Financial Conduct Authority.

Hong Kong: Neat Limited, Money Service operation (license number (19-06-02796) issued by the Customs and Excise Department and Money Lender License (license number (0431/2023) issued by the Companies Registry; Neat Asia Limited, Trust and Corporate Service Provider (number TC007913) regulated by the Companies Registry

Singapore: Rapyd Holding Pte. Ltd. Major Payment Institution (license PS20200311) issued by the Monetary Authority of Singapore.  

United Arab Emirates: Rapyd Management Limited, a Category 3D license holder (license number F007044) regulated by the Dubai Financial Services Authority.

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.