Italy · Payments & e-money
Iot4pay S.r.l
Legal name in the LEI recordIOT4PAY S.R.L.
IoT4Pay S.r.l. is an Italian limited liability company (società a responsabilità limitata) based in Rome. The Bank of Italy authorises it as a payment institution, entered in its register under no. 112, for cash deposits to payment accounts and the execution of payment transactions. It states that it belongs to the Green Arrow Capital group, and its LEI record names Green Arrow Capital S.p.A. Società Benefit as its parent. Its service, cashNOW, lets merchants deposit cash into smart safes and receive the value on a dedicated euro payment account.
Licences and registrations
Held by Iot4pay S.r.l (LEI 8156005B7D2659B7D429). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| EBA PSD2 RegisterBank of Italy | Payment institutionPayment Institution | 18154321006 | Italy | Active | 2025-12-31 | — |
|
Search the register ↗ |
- 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
Customers
Not published
Employees
Not published
Ownership
Group subsidiary
GREEN ARROW CAPITAL S.P.A. SOCIETA' BENEFIT
Firm type
E-money and accounts
Trades as IoT4Pay
- Standing
- The Bank of Italy entered the firm in its register of payment institutions, and the EBA register shows it active from 31 December 2025. The firm's contracts say they take effect only once it notifies the Bank of Italy that operations have started. No such notice was found.
- Ownership
- The firm states that it is part of the Green Arrow Capital group, and its LEI record names Green Arrow Capital S.p.A. Società Benefit as its direct and ultimate accounting parent.
- Direct parent
- GREEN ARROW CAPITAL S.P.A. SOCIETA' BENEFIT ↗, Italy
- Head office
- Via Parigi 11, 00185 Roma, Italy
- Company register
- Registro delle imprese di Roma 18154321006
- Incorporated
- 2025
Online
- Websites & references
- iot4pay.com ↗
- Official social accounts
- None found
Sources · 6 pages consulted
- iot4pay.com/
- iot4pay.com/chi-siamo/
- iot4pay.com/sitounico/trasparenza-3/
- iot4pay.com/wp-content/uploads/2026/01/Fac%20-%20simile_Contratto%20Quadro%20Conto%20di%20Pagamento%2
- iot4pay.com/wp-content/uploads/2026/01/Fac%20-%20simile_All.%20B_Foglio%20Informativo%20Merchant.pdf
- lei.bloomberg.com/leis/view/8156005B7D2659B7D429
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Bank of Italy authorises the firm as a payment institution under article 1(2)(h-septies.1), points 1 and 3, of the Consolidated Banking Act (Legislative Decree 385/1993). These points cover cash placement on a payment account and the execution of payment transactions. It appears in the Bank of Italy register of payment institutions under no. 112, and in the EBA payment institutions register under national identifier 18154321006.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Bank of Italy (Banca d'Italia) Italy | Istituto di pagamento (Albo degli Istituti di Pagamento, art. 114-septies TUB) | 112 | In its own name | Active | iot4pay.com ↗ |
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
- Safeguarding
- Segregated safeguarding accountsThe firm states that customer funds are held in segregated accounts at Italian banks, separate from its own assets. The banks are not named. The funds cannot be claimed by the firm's creditors or by creditors of the depositary bank.
- Payment schemes and card networks
- SEPA Instant Credit Transfer Access not stated iot4pay.com ↗
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
Its cashNOW service lets merchants deposit takings into smart safes near their premises. The value is credited as an advance to a dedicated euro payment account and swept automatically to the merchant's bank account the next business day.
The firm describes its service as aimed at merchants in Italy. No passporting to other EEA states was found.
- Sells to
- Small businesses · Enterprises
- Serves customers in
- Italy
Recent events
Researched 29 Sep 2026 · Sources
-
Licence
The Bank of Italy authorised the firm as a payment institution, and the EBA register shows it active from 31 December 2025.
iot4pay.com ↗
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
- 18154321006
- BIC
- Holds no BIC in Swift’s directory
- How the LEI was matched
- Matched by Elucidate to GLEIF on name, country and address
- Elucidate firm ID
- 5a25669c493e
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- Payment Institution
- Activities
- Payment services
- Licensed in
- Italy · Europe & Central Asia
- First registered
- 2025-12-31
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
- Direct parent
- Green Arrow Capital S.P.A. Societa' Benefit · Italy8945009CVXWKWCWQKS60 ↗
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Address on the register
- VIA PARIGI 11, CAP 00185, ROMA (RM), ROMA, 00185
- Country
- Italy
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
<FinInstnId>
<LEI>8156005B7D2659B7D429</LEI>
<Nm>IOT4PAY S.R.L</Nm>
<PstlAdr>
<PstCd>00185</PstCd>
<TwnNm>ROMA</TwnNm>
<Ctry>IT</Ctry>
<AdrLine>VIA PARIGI 11, CAP 00185, ROMA (RM)</AdrLine>
</PstlAdr>
</FinInstnId>- The address line repeats the town or postcode. Remove the repeat if your payment system rejects it.
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.
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 →Register for this page
- EBA PSD2 Register—European Banking Authority (EBA) · source ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- 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) is an independent score of the financial crime risk of banks and payment institutions.
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