Lithuania · Payments & e-money
Payhawk Financial Services Uab
Payhawk Financial Services UAB is a Lithuanian private limited company based in Vilnius. The Bank of Lithuania authorises it as an electronic money institution under licence No. 95, granted on 11 July 2023. It is part of the Payhawk group, which the Bank of Lithuania describes as an international group with companies in Ireland, Bulgaria, the United States, the United Kingdom, Spain and Germany. It provides payment services to business customers of the Payhawk spend management platform in the EU and EEA, including e-money accounts, transfers and Visa debit and credit cards.
Licences and registrations
Held by Payhawk Financial Services Uab (LEI 254900SJ7KYW5MBJV108). 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 LithuaniaLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. | Electronic money institutionE-Money / Stored Value Institution | LB002200 | Lithuania | Active | 2023-07-11 | — |
|
Search the register ↗ |
Trading names on the register: Payhawk Financial Services (EBA-PSD2)
- Licences belong to the legal entity, not to a BIC.
- 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.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- HAWKLT22XXX head office
- Connection to Swift
- Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of HAWKLT22 marks reverse billing.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2023-12-02
- Last updated
- 2024-04-11
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
Firm type
E-money and accounts
Trades as Payhawk
- Ownership
- The firm belongs to the Payhawk group, whose software services are contracted through Payhawk Limited in London. The sources reviewed do not name the firm's direct shareholder.
- Head office
- Lvivo g. 21A, 09309 Vilnius, Lithuania (registered office: Gedimino pr. 20, LT-01103 Vilnius, Lithuania)
- Company register
- Register of Legal Entities (Lithuania) 306068630
- Founders
- Hristo Borisov · Konstantin Dzhengozov · Boyko Karadzhov
Online
- Websites & references
- payhawk.com ↗
status.payhawk.com ↗ system status page
help.payhawk.com ↗ help centre
portal.payhawk.com ↗ customer login portal - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · YouTube ↗
- Apps
- App Store ↗ · Google Play ↗
Sources · 14 pages consulted
- lb.lt/en/sfi-financial-market-participants/payhawk-financial-services-uab
- lb.lt/en/licences-1/view_license?id=2169
- lb.lt/en/news/the-bank-of-lithuania-grants-an-electronic-money-institution-licence-to-a-new-com
- payhawk.com/
- payhawk.com/terms
- payhawk.com/legal
- payhawk.com/team
- payhawk.com/privacy
- payhawk.com/help/faq-on-payhawk-and-its-spend-management-solution
- payhawk.com/business-payments
- payhawk.com/en-us/blog/jpmorgan-partners-with-payhawk-to-boost-innovation-and-growth
- payhawk.com/blog/payhawk-becomes-first-ever-bulgarian-unicorn-after-raising-100m-in-a-lightspeed-led-
- payhawk.com/blog/payhawk-obtains-an-electronic-money-institution-licence
- uzraudziba.bank.lv/en/market/payment-service-providers/electronic-money-institutions/service-providers-from-
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Bank of Lithuania authorises the firm as an electronic money institution under licence No. 95. The Bank of Lithuania register lists cross-border services without a branch in 29 other member states. According to Payhawk's terms, Paynetics AD provides RON and PLN accounts to EEA customers under its own terms.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Bank of Lithuania Lithuania | Electronic money institution licence | 95 | In its own name | Active | lb.lt ↗ |
| Bank of Lithuania Lithuania | List of currency exchange operators (provision of currency exchange services) | — | In its own name | Active | lb.lt ↗ |
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 it holds client funds in dedicated safeguarding accounts at banks regulated in the EU or UK, separate from its own funds.
- Safeguarding bank
- J.P. Morgan
- Payment schemes and card networks
- Visa Direct payhawk.com ↗
SEPA Credit Transfer Access not stated payhawk.com ↗
SEPA Instant Credit Transfer Access not stated payhawk.com ↗
Swift Access not stated payhawk.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
It provides corporate Visa debit and credit cards, e-money accounts, credit transfers and currency exchange to EEA business customers of the Payhawk spend management platform.
It serves business customers across the EEA under its Lithuanian licence. Payhawk Financial Services Limited, a sister company, serves UK customers.
- Sells to
- Enterprises · Small businesses
- Serves customers in 30 countries
- Lithuania · Austria · Belgium · Bulgaria · Croatia · Cyprus · Czechia · Denmark · Estonia · Finland · France · Germany · Greece · Hungary · Ireland · Italy · Latvia · Luxembourg · Malta · Netherlands · Poland · Portugal · Romania · Slovakia · Slovenia · Spain · Sweden · Iceland · Liechtenstein · Norway
- Latest funding round
- Series B extension · USD 100m Mar 2022Led by Lightspeed Venture Partners
Leadership
Researched 29 Sep 2026 · Sources
- Founder
-
Hristo Borisov
Co-founder & CEO, Payhawk group
- Founder
-
Konstantin Dzhengozov
Co-founder & CFO, Payhawk group
- Founder
-
Boyko Karadzhov
Co-founder & CTO, Payhawk group
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The Payhawk group announced that J.P. Morgan Payments would provide multi-currency accounts, safeguarding of funds and access to domestic payment rails.
payhawk.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
Head-office record
- BIC
- HAWKLT22XXX
- How the BIC breaks down
- HAWKBank
- LTCountry · Lithuania
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 254900SJ7KYW5MBJV108
- LEI record
- View on GLEIF ↗
- Licence no. · EBA-PSD2
- LB002200
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entry: Matched by Elucidate to GLEIF on name, country and address.
- Register-entry ID
- 938393e1183d
- National bank code
- Financial institution code 39824
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.
- Register licences
- 1 entry on 1 register
- Activities
- Payment services
- Card acquiring
- Payment initiation
- Account information
- E-money / stored value
- Licensed in
- Lithuania
- Country · region
- Lithuania · Europe & Central Asia
- Banking supervision
- Not on the ECB's list of supervised entities as of 2026-07-01
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
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
- Registered address
- LITHUANIA
- Operational address
- LVOVO G. 25 VILNIUS 09320 VILNIUS LITHUANIA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>HAWKLT22XXX</BICFI>
<LEI>254900SJ7KYW5MBJV108</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>HAWKLT22XXX</BICFI>
<LEI>254900SJ7KYW5MBJV108</LEI>
<Nm>PAYHAWK FINANCIAL SERVICES UAB</Nm>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
National bank codes
Financial institution code · Lithuania
1 code file of 2025-11-18
| Code | Routes to BIC | Name in the national file | City |
|---|---|---|---|
| 39824 | HAWKLT22 | Payhawk Financial Services, UAB | Vilnius |
Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
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 →Credits for this page
- National bank codes—Lithuania (Source: Bank of Lithuania).
- EBA PSD2 Register—European Banking Authority (EBA) · register ↗ 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.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: payhawk.com (official website); Hristo Borisov: payhawk.com (official website) · original; Konstantin Dzhengozov: payhawk.com (official website) · original; Boyko Karadzhov: payhawk.com (official website) · original.
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