Cyprus · Payments & e-money
Sibilla Solutions LTD
Legal name in the LEI recordSIBILLA SOLUTIONS LIMITED
Sibilla Solutions Ltd is a private limited company registered in Nicosia, Cyprus, under number HE348581. The Central Bank of Cyprus authorises it as an electronic money institution under licence 115.1.3.16/2018. It trades as Profee and offers international money transfers, an e-money wallet, prepaid Visa cards and business payouts to customers in the EU. Profee's services for UK residents come from Finthesis Ltd and those for Canadian residents from True Northern Transfers Inc., which are separate legal entities.
Licences and registrations
Held by Sibilla Solutions Limited (LEI 213800IFF5ECE7XKUG07). 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 RegisterCentral Bank of CyprusLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. | Electronic money institutionE-Money / Stored Value Institution | 115.1.3.16 | Cyprus | Active | 2018-07-03 | — |
|
Search the register ↗ |
Trading names on the register: PROFEE (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
- PRFECY2NXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under PRFECY2N directly.
- 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
- 2022-04-16
- Last updated
- 2022-07-28
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Not published
Firm type
Money remittance
Trades as Profee
- Ownership
- The firm describes itself as a private company registered in Cyprus and does not publish its shareholders.
- Head office
- 27 Pindarou Street, Alpha Business Centre, Block B, 7th Floor, 1060 Nicosia, Cyprus
- Company register
- Cyprus Registrar of Companies HE348581
Online
- Websites & references
- profee.com ↗
business.profee.com ↗ business site (Profee Mass payouts)
waas.profee.com ↗ wallet-as-a-service product site
profeetips.com ↗ Profee Tips product site - Official social accounts
- None found
- App
- Google Play ↗
Sources · 14 pages consulted
- profee.com/
- profee.com/info/en/faq
- profee.com/about-us
- profee.com/contacts
- profee.com/documents
- business.profee.com/
- waas.profee.com/
- profee-blog.s3.eu-north-1.amazonaws.com/terms_and_conditions_for_profee_tips_project_en_d6eba07959.pdf
- uzraudziba.bank.lv/en/market/payment-service-providers/electronic-money-institutions/service-providers-from-
- bportugal.pt/en/entidadeautorizada/sibilla-solutions-limited
- centralbank.cy/en/administrative-sanctions-and-measures
- cbn.com.cy/article/86209/cyprus-electronic-money-sector-growing-with-dozens-of-new-emi-applications-
- techbullion.com/profees-survey-over-50-of-expats-see-pushy-marketing-poor-support-as-a-scam-marker/
- fca.org.uk/news/warnings/profee-bank-ltd
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Central Bank of Cyprus authorises the firm as an electronic money institution under licence 115.1.3.16/2018. The firm passports this licence into other EEA states but does not publish how many.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Central Bank of Cyprus Cyprus | Electronic Money Institution | 115.1.3.16/2018 | In its own name | Active | — |
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 all customer funds are kept in segregated safeguarding accounts, separate from its business accounts, and are not used to finance its operations.
- Payment schemes and card networks
- Visa Access not stated profee.com ↗
Swift Direct
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
Under the Profee brand, the firm sends money from Europe to more than 90 destinations, with payouts to cards, bank accounts and mobile wallets. It also offers business payouts to contractors abroad.
The firm serves customers in the EU under its Cyprus licence, which it says is extended to the other member states. UK and Canadian residents are served by other entities.
- Sells to
- Consumers · Small businesses · Platforms and marketplaces
- Serves customers in 30 countries
- Austria · Belgium · Bulgaria · Croatia · Cyprus · Czechia · Denmark · Estonia · Finland · France · Germany · Greece · Hungary · Ireland · Italy · Latvia · Lithuania · Luxembourg · Malta · Netherlands · Poland · Portugal · Romania · Slovakia · Slovenia · Spain · Sweden · Iceland · Liechtenstein · Norway
Recent events
Researched 29 Sep 2026 · Sources
-
Licence
Latvijas Banka listed the firm as an EEA electronic money institution providing payment services in Latvia under the freedom to provide services.
uzraudziba.bank.lv ↗
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
- PRFECY2NXXX
- How the BIC breaks down
- PRFEBank
- CYCountry · Cyprus
- 2NLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 213800IFF5ECE7XKUG07
- LEI record
- View on GLEIF ↗
- Licence no. · EBA-PSD2
- 115.1.3.16
- 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
- 60ad0789f6d6
- National bank code
- Bank identifier 910
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
- E-money / stored value
- Licensed in
- Cyprus
- Country · region
- Cyprus · 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
- ALPHA BUSINESS CENTRE BLOCK B FLOOR 7 27 PINDAROU STREET NICOSIA (LEFKOSIA) 1060 CYPRUS
- Operational address
- ALPHA BUSINESS CENTRE BLOCK B FLOOR 7 27 PINDAROU STREET NICOSIA (LEFKOSIA) 1060 NICOSIA (LEFKOSIA) CYPRUS
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>PRFECY2NXXX</BICFI>
<LEI>213800IFF5ECE7XKUG07</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>PRFECY2NXXX</BICFI>
<LEI>213800IFF5ECE7XKUG07</LEI>
<Nm>SIBILLA SOLUTIONS LTD</Nm>
<PstlAdr>
<TwnNm>NICOSIA LEFKOSIA</TwnNm>
<Ctry>CY</Ctry>
<AdrLine>ALPHA BUSINESS CENTRE BLOCK B FLOOR 7 27 PINDAROU STREET NICOSIA</AdrLine>
<AdrLine>(LEFKOSIA) 1060</AdrLine>
</PstlAdr>
</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
Bank identifier · Cyprus
1 code file of 2026-09
| Code | Routes to BIC | Name in the national file |
|---|---|---|
| 910 | PRFECY2N | Sibilla Solutions Ltd |
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—Cyprus (Source: Central Bank of Cyprus).
- 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: profee.com (official website) · original.
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