--- title: "Aircash d.o.o. · Electronic money institution (Croatian National Bank) · Croatia | Elucidate" description: "Aircash d.o.o. is authorised by Croatian National Bank as an electronic money institution in Croatia. Licence IEN116. LEI 747800Y0J7JFIMB91F97. Register status, licences, activities and ownership." url: https://elucidate.co/directory/aircash-d-o-o-b19945733514 --- 1. [Directory](https://elucidate.co/directory) 2. [Croatia](https://elucidate.co/directory/country/hr) 3. Aircash d.o.o. Croatia · Payments & e-money # Aircash d.o.o. Legal name in the LEI record AIRCASH d.o.o. za usluge The register name differs from the legal name in GLEIF. This can follow a rename. Treat the LEI match as indicative. Aircash d.o.o. is a limited liability company based in Zagreb, Croatia. The Croatian National Bank (HNB) authorises it as an electronic money institution under number IEN116, by a decision dated 3 October 2019. Its members are Hrvoje Ćosić, Jakov Pinjuh and Udo Müller. It offers consumers the Aircash e-money wallet app and the Aircash Mastercard prepaid card, which it issues itself, while Bitpanda GmbH and Bitpanda Financial Services GmbH provide the crypto-asset and securities trading in its app, with Aircash acting as their distribution partner and tied agent. Register status Licensed in Croatia Electronic money institution · Croatian National Bank Prudential licence [2 licences and registrations ↓](https://elucidate.co/directory/aircash-d-o-o-b19945733514#licences) BIC **No BIC** LEI **[747800Y0J7JFIMB91F97](https://search.gleif.org/#/record/747800Y0J7JFIMB91F97)** [Licence no. **IEN116**](https://elucidate.co/directory/aircash-d-o-o-b19945733514#licences) ## Licences and registrations Held by Aircash d.o.o. (LEI 747800Y0J7JFIMB91F97). 2 entries on 1 of the 22 tracked registers, retrieved 25 September 2026. | Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [EBA PSD2 Register](https://elucidate.co/directory/register/eba-psd2) Croatian National Bank | Electronic money institutionE-Money / Stored Value Institution GLEIF legal name: AIRCASH d.o.o. za usluge | IEN116 | [Croatia](https://elucidate.co/directory/country/hr) | Active | 2019-10-03 | — | - Money remittance - Payment services - Card acquiring - E-money / stored value | [Search the register ↗](https://euclid.eba.europa.eu/register/pir/search) | | [EBA PSD2 Register](https://elucidate.co/directory/register/eba-psd2) Croatian National Bank | Payment institutionPayment Institution GLEIF legal name: AIRCASH d.o.o. za usluge | IPP410 | [Croatia](https://elucidate.co/directory/country/hr) | Withdrawn | 2016-03-02 | Ended 2019-10-03 | - Money remittance - Payment services | [Search the register ↗](https://euclid.eba.europa.eu/register/pir/search) | - Each licence applies in the country of the regulator that granted it. - Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here. ## Swift network Swift’s ISO 9362 BIC directory Holds no BIC in Swift’s directory. Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file. ## Overview Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/aircash-d-o-o-b19945733514#overview-sources) Customers 1,900,000 active customers · Group · 29 Sep 2026 · [company statement ↗](https://aircash.eu/about) Employees 121 FTE · This entity · 31 Dec 2025 · [regulatory filing ↗](https://infobiz.fina.hr/tvrtka/aircash-d-o-o/OIB-99833713101) Ownership Privately held Firm type E-money and accounts Trades as Aircash - **Standing:** The firm was first authorised by the Croatian National Bank as a payment institution (IPP410) in March 2016. That authorisation ended on 3 October 2019, when the firm was authorised as an electronic money institution (IEN116). - **Ownership:** The firm is privately held by its members Hrvoje Ćosić, Jakov Pinjuh and Udo Müller, who joined as a minority shareholder in September 2023. - **Head office:** Ulica grada Vukovara 271, 10000 Zagreb, Croatia - **Company register:** OIB 99833713101 (matični broj 04397029) - **Founder:** Hrvoje Ćosić ### Online - **Websites & references:** [aircash.eu ↗](https://aircash.eu/) [abon.cash ↗](https://abon.cash/) A-bon cash voucher e-money site, referenced in the Aircash Wallet terms [lp.aircash.eu ↗](https://lp.aircash.eu/trading/) Trading (Bitpanda) landing page - **Official social accounts:** [LinkedIn ↗](https://hr.linkedin.com/company/aircash-emoney) · [Facebook ↗](https://www.facebook.com/aircash/) · [Instagram ↗](https://www.instagram.com/aircash) · [TikTok ↗](https://www.tiktok.com/@aircash_official) Sources · 14 pages consulted 1. [aircash.eu/](https://aircash.eu/) 2. [aircash.eu/general-terms-and-conditions-aircash-cards](https://aircash.eu/general-terms-and-conditions-aircash-cards) 3. [aircash.eu/general-terms-and-conditions-aircash-wallet](https://aircash.eu/general-terms-and-conditions-aircash-wallet) 4. [aircash.eu/hr-HR/regulatory-info](https://aircash.eu/hr-HR/regulatory-info) 5. [aircash.eu/en-HR/trading-access-terms-en](https://aircash.eu/en-HR/trading-access-terms-en) 6. [aircash.eu/en-PL/trading-access-terms-en](https://aircash.eu/en-PL/trading-access-terms-en) 7. [aircash.eu/about](https://aircash.eu/about) 8. [aircash.eu/press](https://aircash.eu/press) 9. [aircash.eu/hub/aircash-features](https://aircash.eu/hub/aircash-features) 10. [lp.aircash.eu/trading/](https://lp.aircash.eu/trading/) 11. [infobiz.fina.hr/tvrtka/aircash-d-o-o/OIB-99833713101](https://infobiz.fina.hr/tvrtka/aircash-d-o-o/OIB-99833713101) 12. [blog.bitpanda.com/en/bitpanda-technology-solutions-bts-partners-aircash-croatias-leading-fintech](https://blog.bitpanda.com/en/bitpanda-technology-solutions-bts-partners-aircash-croatias-leading-fintech) 13. [igamingfuture.com/udo-mueller-joins-aircash/](https://igamingfuture.com/udo-mueller-joins-aircash/) 14. [weekend.hr/sudionik\_pt/hrvoje-cosic/?lang=en](https://weekend.hr/sudionik_pt/hrvoje-cosic/?lang=en) ## Authorisation Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/aircash-d-o-o-b19945733514#overview-sources) - **Operates under:** Several models - **Licensed firm it operates under:** Bitpanda Financial Services GmbH, Austria tied agent entered in HANFA's register of tied agents; also distribution partner of Bitpanda GmbH for crypto-asset trading The Croatian National Bank authorises the firm as an electronic money institution (IEN116), and the firm states that the licence is valid throughout the European Economic Area. Crypto-asset trading in the app is provided by Bitpanda GmbH, which the Austrian FMA authorises under MiCAR, and share and ETF execution by Bitpanda Financial Services GmbH, for which Aircash is a tied agent. | Authority | Licence or registration | Number | Held | Status | Source | | --- | --- | --- | --- | --- | --- | | Croatian National Bank (HNB) Croatia | Electronic money institution (decision 251-020/10-19/BV of 3 October 2019) | IEN116 | In its own name | Active | [euclid.eba.europa.eu ↗](https://euclid.eba.europa.eu/register/pir/view/PSD_EMI/HR_HNB!IEN116) | | Croatian National Bank (HNB) Croatia | Payment institution | IPP410 | In its own name | Withdrawn or expired | — | | Croatian Financial Services Supervisory Agency (HANFA) Croatia | Tied agent of Bitpanda Financial Services GmbH | — | As agent | Active | [aircash.eu ↗](https://aircash.eu/en-HR/trading-access-terms-en) | Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks. ## Partners and safeguarding Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/aircash-d-o-o-b19945733514#overview-sources) - **Safeguarding:** Not disclosedThe firm states that wallet funds are not covered by deposit insurance and are secured under the Croatian Electronic Money Act. It does not name the institution that holds safeguarded funds. [aircash.eu ↗](https://aircash.eu/general-terms-and-conditions-aircash-wallet) - **Crypto-asset custody:** Held by a third-party custodianCrypto-asset trading in the Aircash app is provided by Bitpanda GmbH, including its broker, wallet and custody services. The firm states that it does not provide custody itself. [aircash.eu ↗](https://aircash.eu/en-PL/trading-access-terms-en) - **Payment schemes and card networks:** Mastercard Direct [aircash.eu ↗](https://aircash.eu/about) Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices. ## Products and markets Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/aircash-d-o-o-b19945733514#overview-sources) - E-money wallet - Prepaid cards - Domestic payments - International money transfer - Bill payments - Mobile top-up - Payment gateway - Crypto trading It runs a mobile e-money wallet that users can load with cash at retail locations, by card or by bank transfer. The wallet is used for transfers between users, bill payments, service purchases and payments with a prepaid Aircash Mastercard. Merchants can accept AircashPay payments. The firm states that its wallet and payment services are available across the EU. Cash services and bank-account withdrawals are limited to the countries it lists on its website. - **Revenue:** EUR 81.9mThis entity · 31 Dec 2025 · [regulatory filing ↗](https://infobiz.fina.hr/tvrtka/aircash-d-o-o/OIB-99833713101) - **Sells to:** Consumers · Small businesses · Platforms and marketplaces - **Serves customers in 9 countries:** Croatia · Slovenia · Italy · Romania · Austria · Germany · Spain · Cyprus · Greece ## Leadership Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/aircash-d-o-o-b19945733514#overview-sources) - **Chief executive:** Hrvoje Ćosić Director (direktor) and CEO Confirmed 29 Sep 2026 · [infobiz.fina.hr ↗](https://infobiz.fina.hr/tvrtka/aircash-d-o-o/OIB-99833713101) ## Recent events Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/aircash-d-o-o-b19945733514#overview-sources) 1. May 2025 Other Bitpanda Technology Solutions announced a partnership with Aircash to offer crypto-asset, fractional stock and ETF investing in the Aircash app. [blog.bitpanda.com ↗](https://blog.bitpanda.com/en/bitpanda-technology-solutions-bts-partners-aircash-croatias-leading-fintech) Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source. ## Identifiers - **Licence no. · EBA-PSD2:** IEN116 - **Licence no. · EBA-PSD2:** IPP410 - **BIC:** Holds no BIC in Swift’s directory - **LEI:** [747800Y0J7JFIMB91F97 ↗](https://search.gleif.org/#/record/747800Y0J7JFIMB91F97) - **How the LEI was matched:** Matched by Elucidate to GLEIF on name, country and address - **GLEIF legal name:** AIRCASH d.o.o. za usluge - **Elucidate firm ID:** b19945733514 ## Profile - **Type:** Payments & e-money - **Regulation:** Prudential licence - **Main licence class:** E-Money / Stored Value Institution - **Activities:** - Money remittance - Payment services - Card acquiring - E-money / stored value - **Licensed in:** [Croatia](https://elucidate.co/directory/country/hr) · Europe & Central Asia - **First registered:** 2016-03-02 Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet. ## Ownership and group GLEIF relationship records GLEIF’s relationship records name no parent for this LEI, and no group page is published for it. ## Addresses - **Address on the register:** Ulica grada Vukovara 271, ZAGREB, 10000 - **Country:** Croatia ## ISO 20022 identification As an agent in a Swift cross-border payment message (CBPR+) This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code. - **Identified by:** Name and postal address, with its LEI - **Postal address:** Hybrid: town, postcode and country in their own elements, the rest in one address line ```xml 747800Y0J7JFIMB91F97 Aircash d.o.o. 10000 ZAGREB HR Ulica grada Vukovara 271 ``` CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent. The values are as published by the register. Check them against your own records before use. ## Related institutions ### Other payments & e-money institutions in Croatia - [Hrvatski Telekom d.d. No BIC Payments & e-money Prudential licence Croatia · Licensed by Croatian National Bank · IPP421 (EBA-PSD2) · LEI 097900BFHJ0000029454](https://elucidate.co/directory/hrvatski-telekom-d-d-3602665bbb2b) - [PRIMEX PAYMENTS d.o.o. No BIC Payments & e-money Prudential licence Croatia · Licensed by Croatian National Bank · IEN117 (EBA-PSD2) · No LEI mapped](https://elucidate.co/directory/primex-payments-d-o-o-a75e59a40697) - [Corvus Pay D.O.O. BIC COYDHR22 Payments & e-money Prudential licence Croatia · Licensed by Croatian National Bank · IPP413 (EBA-PSD2) · LEI 984500BE715V79F76C18](https://elucidate.co/directory/corvus-pay-d-o-o-coydhr22) - [ELEKTRONIČKI RAČUNI d.o.o. No BIC Payments & e-money Prudential licence Croatia · Licensed by Croatian National Bank · IPP414 (EBA-PSD2) · LEI 747800K06CJWN6ZD8F52](https://elucidate.co/directory/elektronicki-racuni-d-o-o-731e6018b2a5) - [Global Payments d.o.o. No BIC Payments & e-money Prudential licence Croatia · Licensed by Croatian National Bank · IPP418 (EBA-PSD2) · No LEI mapped](https://elucidate.co/directory/global-payments-d-o-o-159a443f3e57) - [HITRA produkcija dokumenata d.o.o. No BIC Payments & e-money Prudential licence Croatia · Licensed by Croatian National Bank · IPP417 (EBA-PSD2) · LEI 2549005QN5XUM17OK742](https://elucidate.co/directory/hitra-produkcija-dokumenata-d-o-o-8a928b868a7f) - [INTIS d.o.o. No BIC Payments & e-money Prudential licence Croatia · Licensed by Croatian National Bank · IPP416 (EBA-PSD2) · LEI 984500953B87BV1A1A85](https://elucidate.co/directory/intis-d-o-o-a4e40e4e0915) - [M Obrada d.o.o. No BIC Payments & e-money Prudential licence Croatia · Licensed by Croatian National Bank · IPP420 (EBA-PSD2) · No LEI mapped](https://elucidate.co/directory/m-obrada-d-o-o-7751588d0c7e) [See all →](https://elucidate.co/directory/search?type=payments&cc=HR) [Other entries on EBA-PSD2 →](https://elucidate.co/directory/register/eba-psd2) Sources & method Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI. An institution missing from these registers is not necessarily unregulated. Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists. An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. [Read the methodology →](https://elucidate.co/directory/methodology) Register for this page - **EBA PSD2 Register**—European Banking Authority (EBA) · [source ↗](https://euclid.eba.europa.eu/register/pir/search) as at 25 September 2026 - **Overview, authorisation, partners, products, leadership and events**—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source. ## Assess the financial crime risk behind a licence A licence records what an institution is authorised to do; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks and payment institutions. [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.