---
title: "Payward Ireland Limited · Electronic money institution (Central Bank of Ireland) · Ireland | Elucidate"
description: "Payward Ireland Limited is authorised by Central Bank of Ireland as an electronic money institution in Ireland. Licence C453020. LEI 2549004T4TVIRHZ3VY61. Register status, licences, activities and ownership."
url: https://elucidate.co/directory/payward-ireland-limited-d3c836aedd4f
---

1.  [Directory](https://elucidate.co/directory)
2.  [Ireland](https://elucidate.co/directory/country/ie)
3.  Payward Ireland Limited

Ireland · Payments & e-money

# Payward Ireland Limited

Trading as Kraken

Payward Ireland Limited is an Irish private limited company based in Dublin. It trades as Kraken. The Central Bank of Ireland has authorised it since 25 September 2023 as an electronic money institution under the European Communities (Electronic Money) Regulations 2011, reference C453020. It belongs to the group headed by Payward, Inc. of the United States. It provides the fiat e-money wallet, cash funding and credit transfer services behind Kraken in the EEA, while sister companies provide crypto-asset and derivatives services.

Register status

Licensed in Ireland

Electronic money institution · Central Bank of Ireland

Prudential licence

[1 licence or registration ↓](https://elucidate.co/directory/payward-ireland-limited-d3c836aedd4f#licences)

BIC **No BIC** LEI **[2549004T4TVIRHZ3VY61](https://search.gleif.org/#/record/2549004T4TVIRHZ3VY61)** [Licence no. **C453020**](https://elucidate.co/directory/payward-ireland-limited-d3c836aedd4f#licences)

## Licences and registrations

Held by Payward Ireland Limited (LEI 2549004T4TVIRHZ3VY61). 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 Register](https://elucidate.co/directory/register/eba-psd2) Central Bank of Ireland | Electronic money institutionE-Money / Stored Value Institution | C453020 | [Ireland](https://elucidate.co/directory/country/ie) | Active | 2023-09-25 | — | - Payment services - E-money / stored value | [Search the register ↗](https://euclid.eba.europa.eu/register/pir/search) |

Trading names on the register: Kraken (EBA-PSD2)

-   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/payward-ireland-limited-d3c836aedd4f#overview-sources)

Customers

6,600,000

accounts · Group · 30 Jun 2026 · [company statement ↗](https://www.businesswire.com/news/home/20241030235650/en/Kraken-Appoints-Arjun-Sethi-as-Co-CEO-to-Accelerate-Company-Mission-and-Growth)

Employees

Not published

Ownership

Group subsidiary

Firm type

E-money and accounts

Trades as Kraken

- **Ownership:** The firm belongs to the Kraken group, whose parent company is Payward, Inc. The direct shareholder is not named in the sources reviewed.
- **Ultimate owner:** Payward, Inc., United States
- **Head office:** 70 Sir John Rogerson's Quay, Dublin Docklands, D02 R296 Dublin 2, Ireland
- **Company register:** Companies Registration Office (Ireland) 688569

### Online

- **Websites & references:** [kraken.com ↗](https://www.kraken.com/) [support.kraken.com ↗](https://support.kraken.com/) help centre with licensing and safeguarding disclosures [krak.app ↗](https://krak.app/) Krak payments app site (group brand, used for card management) [eu.kraken.com ↗](https://eu.kraken.com/) EU risk disclosure site (group) [Wikipedia ↗](https://en.wikipedia.org/wiki/Kraken_\(cryptocurrency_exchange\)) group article
- **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/krakenfx/) · [X ↗](https://x.com/krakenfx) · [Facebook ↗](https://www.facebook.com/KrakenFX/) · [Instagram ↗](https://www.instagram.com/krakenfx/) · [YouTube ↗](https://www.youtube.com/c/KrakenBitcoinExchange) · [TikTok ↗](https://www.tiktok.com/@krakenfx) · [Reddit ↗](https://www.reddit.com/r/Kraken/)

Sources · 15 pages consulted

1.  [registers.centralbank.ie/FirmRegisterDataPage.aspx?firmReferenceNumber=C453020&register=63](https://registers.centralbank.ie/FirmRegisterDataPage.aspx?firmReferenceNumber=C453020&register=63)
2.  [lb.lt/en/sfi-financial-market-participants/payward-ireland-limited-t-a-kraken](https://www.lb.lt/en/sfi-financial-market-participants/payward-ireland-limited-t-a-kraken)
3.  [kraken.com/legal/eea-terms](https://www.kraken.com/legal/eea-terms)
4.  [kraken.com/legal/disclosures](https://www.kraken.com/legal/disclosures)
5.  [support.kraken.com/articles/where-is-kraken-licensed-or-regulated](https://support.kraken.com/articles/where-is-kraken-licensed-or-regulated)
6.  [support.kraken.com/articles/safeguarding-of-funds-for-eea-uk-clients](https://support.kraken.com/articles/safeguarding-of-funds-for-eea-uk-clients)
7.  [support.kraken.com/hc/en-us/articles/13276513124500-Recent-changes-to-funding-for-EEA-clients-](https://support.kraken.com/hc/en-us/articles/13276513124500-Recent-changes-to-funding-for-EEA-clients-)
8.  [kraken.com/europe-switch](https://www.kraken.com/europe-switch)
9.  [blog.kraken.com/product/kraken-card/introducing-the-kraken-card](https://blog.kraken.com/product/kraken-card/introducing-the-kraken-card)
10.  [businesswire.com/news/home/20250625529871/en/Kraken-Secures-MiCA-License-from-Central-Bank-of-Ireland-Ceme](https://www.businesswire.com/news/home/20250625529871/en/Kraken-Secures-MiCA-License-from-Central-Bank-of-Ireland-Cementing-Leadership-in-European-Crypto-Markets)
11.  [businesswire.com/news/home/20241030235650/en/Kraken-Appoints-Arjun-Sethi-as-Co-CEO-to-Accelerate-Company-M](https://www.businesswire.com/news/home/20241030235650/en/Kraken-Appoints-Arjun-Sethi-as-Co-CEO-to-Accelerate-Company-Mission-and-Growth)
12.  [coindesk.com/business/2026/09/02/kraken-parent-payward-pushes-ipo-back-to-mid-2027-at-earliest](https://www.coindesk.com/business/2026/09/02/kraken-parent-payward-pushes-ipo-back-to-mid-2027-at-earliest)
13.  [coindesk.com/business/2026/05/08/kraken-parent-payward-seeks-fresh-funding-at-usd20-billion-valuation-](https://www.coindesk.com/business/2026/05/08/kraken-parent-payward-seeks-fresh-funding-at-usd20-billion-valuation-ahead-of-potential-ipo)
14.  [coindesk.com/business/2026/04/13/crypto-exchange-kraken-targeted-in-extortion-attempt-but-says-there-w](https://www.coindesk.com/business/2026/04/13/crypto-exchange-kraken-targeted-in-extortion-attempt-but-says-there-was-no-breach-and-no-client-funds-at-risk)
15.  [en.wikipedia.org/wiki/Kraken\_(cryptocurrency\_exchange)](https://en.wikipedia.org/wiki/Kraken_\(cryptocurrency_exchange\))

## Authorisation

Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/payward-ireland-limited-d3c836aedd4f#overview-sources)

- **Operates under:** Its own licences

The Central Bank of Ireland authorises the firm as an electronic money institution under the European Communities (Electronic Money) Regulations 2011, reference C453020. It provides services in 29 other EEA states under the freedom to provide services.

| Authority | Licence or registration | Number | Held | Status | Source |
| --- | --- | --- | --- | --- | --- |
| Central Bank of Ireland Ireland | Electronic Money Institution (authorised under Regulation 9 of the European Communities (Electronic Money) Regulations 2011) | C453020 | In its own name | Active | [registers.centralbank.ie ↗](https://registers.centralbank.ie/FirmRegisterDataPage.aspx?firmReferenceNumber=C453020&register=63) |

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/payward-ireland-limited-d3c836aedd4f#overview-sources)

- **Safeguarding:** Segregated safeguarding accountsThe firm states that funds it receives for issuing e-money or executing payments are kept separate from its other funds and used only for those purposes. It names no safeguarding bank. [support.kraken.com ↗](https://support.kraken.com/articles/safeguarding-of-funds-for-eea-uk-clients)
- **Card issuer:** UAB Monavate Lithuania [kraken.com ↗](https://www.kraken.com/legal/eea-terms)
- **Payment schemes and card networks:** Mastercard Through a partner [blog.kraken.com ↗](https://blog.kraken.com/product/kraken-card/introducing-the-kraken-card)

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/payward-ireland-limited-d3c836aedd4f#overview-sources)

-   E-money wallet
-   Domestic payments
-   Debit cards

It issues the fiat e-money wallet that Kraken clients in the EEA use to fund crypto purchases, make credit transfers and back the Kraken and Krak debit cards. UAB Monavate issues those cards.

It serves clients across the EEA under its Irish licence. The Central Bank of Ireland register lists freedom-of-services notifications for 29 other EEA states.

- **Sells to:** Consumers · Enterprises
- **Serves customers in 30 countries:** Ireland · Austria · Belgium · Bulgaria · Croatia · Cyprus · Czechia · Denmark · Estonia · Finland · France · Germany · Greece · Hungary · Iceland · Italy · Latvia · Liechtenstein · Lithuania · Luxembourg · Malta · Netherlands · Norway · Poland · Portugal · Romania · Slovakia · Slovenia · Spain · Sweden

## Recent events 1 enforcement or investigation item

Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/payward-ireland-limited-d3c836aedd4f#overview-sources)

1.  Sep 2026

    Other

    Payward, Inc., the group parent, reportedly delayed its planned US initial public offering to the second quarter of 2027 at the earliest.

    [coindesk.com ↗](https://www.coindesk.com/business/2026/09/02/kraken-parent-payward-pushes-ipo-back-to-mid-2027-at-earliest)

2.  Jul 2026

    Merger / acquisition

    Payward, the group parent, completed its acquisition of Reap Technologies Holdings Limited, a stablecoin card-issuing and payments company.

    [businesswire.com ↗](https://www.businesswire.com/news/home/20250625529871/en/Kraken-Secures-MiCA-License-from-Central-Bank-of-Ireland-Cementing-Leadership-in-European-Crypto-Markets)

3.  Apr 2026

    Security incident

    Kraken disclosed two insider access incidents at group level that potentially exposed support data for about 2,000 client accounts. It said no funds were at risk.

    [coindesk.com ↗](https://www.coindesk.com/business/2026/04/13/crypto-exchange-kraken-targeted-in-extortion-attempt-but-says-there-was-no-breach-and-no-client-funds-at-risk)

4.  Nov 2025

    Funding

    Payward, the group parent, raised USD 800 million at a reported USD 20 billion valuation.

    [coindesk.com ↗](https://www.coindesk.com/business/2026/05/08/kraken-parent-payward-seeks-fresh-funding-at-usd20-billion-valuation-ahead-of-potential-ipo)

5.  Jun 2025

    Licence

    The Central Bank of Ireland granted Kraken a MiCA crypto-asset service provider licence, held by sister company Payward Europe Solutions Limited.

    [businesswire.com ↗](https://www.businesswire.com/news/home/20250625529871/en/Kraken-Secures-MiCA-License-from-Central-Bank-of-Ireland-Cementing-Leadership-in-European-Crypto-Markets)

6.  Sep 2023

    Licence

    The Central Bank of Ireland authorised the firm as an electronic money institution on 25 September 2023.

    [registers.centralbank.ie ↗](https://registers.centralbank.ie/FirmRegisterDataPage.aspx?firmReferenceNumber=C453020&register=63)

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:** C453020
- **BIC:** Holds no BIC in Swift’s directory
- **LEI:** [2549004T4TVIRHZ3VY61 ↗](https://search.gleif.org/#/record/2549004T4TVIRHZ3VY61)
- **How the LEI was matched:** Matched by Elucidate to GLEIF on name, country and address
- **Elucidate firm ID:** d3c836aedd4f

## Profile

- **Type:** Payments & e-money
- **Regulation:** Prudential licence
- **Main licence class:** E-Money / Stored Value Institution
- **Activities:** - Payment services - E-money / stored value
- **Licensed in:** [Ireland](https://elucidate.co/directory/country/ie) · Europe & Central Asia
- **First registered:** 2023-09-25

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:** 70 Sir John Rogerson's Quay, Dublin, Not Available
- **Country:** Ireland

## 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
<FinInstnId>
  <LEI>2549004T4TVIRHZ3VY61</LEI>
  <Nm>Payward Ireland Limited</Nm>
  <PstlAdr>
    <PstCd>Not Available</PstCd>
    <TwnNm>Dublin</TwnNm>
    <Ctry>IE</Ctry>
    <AdrLine>70 Sir John Rogerson's Quay</AdrLine>
  </PstlAdr>
</FinInstnId>
```

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 Ireland

-   [Stripe Technology Europe, Limited BIC STTOIE22 Payments & e-money Prudential licence Ireland · Licensed by Central Bank of Ireland · C187865 (EBA-PSD2) · LEI 549300T7WU87LQYO0K16](https://elucidate.co/directory/stripe-technology-europe-limited-sttoie22)
-   [Confirmo Limited No BIC Payments & e-money Crypto Prudential licence Ireland · Licensed by Central Bank of Ireland · C570624 (EBA-PSD2) · also on ESMA-CASP · LEI 984500F75CJ82D8B7D76](https://elucidate.co/directory/confirmo-limited-c2a76bc67a5c)
-   [Paysafe Payment Solutions Limited. · trading as Skrill, Skrill, NETELLER No BIC Payments & e-money Crypto Prudential licence Ireland · Licensed by Central Bank of Ireland · C184986 (EBA-PSD2) · also on ESMA-CASP · LEI 213800QBQVHWRBHJTA89](https://elucidate.co/directory/paysafe-payment-solutions-limited-484fd6cb5229)
-   [Payward Europe Solutions Limited · trading as Kraken, Kraken Digital Asset Exchange (�Kraken�) No BIC Payments & e-money Crypto Prudential licence Ireland · Licensed by Central Bank of Ireland · C468360 (EBA-PSD2) · also on ESMA-CASP · LEI 254900641D8KNHUZYX24](https://elucidate.co/directory/payward-europe-solutions-limited-5d256d2fa542)
-   [Pionew Ireland Limited · trading as Webot No BIC Payments & e-money Crypto Prudential licence Ireland · Licensed by Central Bank of Ireland · C496936 (EBA-PSD2) · also on ESMA-CASP · LEI 984500FD0NZ8949F4363](https://elucidate.co/directory/pionew-ireland-limited-5faee6932ac9)
-   [ACE Money Transfer IE Limited · trading as ACE Money Transfer No BIC Payments & e-money Prudential licence Ireland · Licensed by Central Bank of Ireland · C500488 (EBA-PSD2) · No LEI mapped](https://elucidate.co/directory/ace-money-transfer-ie-limited-a27bfe4b58f0)
-   [Associated Foreign Exchange Ireland Limited BIC AFEEIE2D Payments & e-money Prudential licence Ireland · Licensed by Central Bank of Ireland · C188323 (EBA-PSD2) · LEI 254900PMVMUC5G2DRM93](https://elucidate.co/directory/associated-foreign-exchange-ireland-limited-afeeie2d)
-   [Barclaycard International Payments Limited No BIC Payments & e-money Prudential licence Ireland · Licensed by Central Bank of Ireland · C155145 (EBA-PSD2) · LEI 984500BCB3D03EC42C40](https://elucidate.co/directory/barclaycard-international-payments-limited-c13fc4c645b1)

[See all →](https://elucidate.co/directory/search?type=payments&cc=IE) [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.

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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.