Cyprus · Payments & e-money
Solid Processing Limited
Solid Processing Limited is a private limited company registered in Cyprus under number HE429757. It trades as Solidgate and is based in Nicosia. The Central Bank of Cyprus has authorised it as an electronic money institution since 23 August 2023, under licence number 115.1.3.58. It describes Solidgate as a payment orchestration platform. It sells card acquiring, payment routing and business accounts with SEPA and Swift transfers to online merchants, mainly subscription, SaaS and e-commerce businesses.
Licences and registrations
Held by Solid Processing Limited (LEI 984500BE1ACTF3C9E738). 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 and country only. | Electronic money institutionE-Money / Stored Value Institution | 115.1.3.58 | Cyprus | Active | 2023-08-23 | — |
|
Search the register ↗ |
- 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.
European registers
ECB · monetary financial institutions
List as at 2026-09-25
- Category
- Other monetary financial institution
- Minimum reserves
- Not on the ECB reserve list
- Listed as
- Solid Processing Limited
- RIAD code
- CYC4293422
Entries are matched on the LEI. Each register is quoted as its publisher lists it.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- SOLPCY22XXX 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 SOLPCY22 marks reverse billing.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT · SCT Inst · VOP · TIPS
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2023-12-02
- Last updated
- 2026-07-11
Overview
Researched 29 Sep 2026 · Sources
Ownership
Not published
Firm type
Merchant acquiring and processing
Trades as Solidgate
- Head office
- Labs Tower, 6th Floor, 4 Foti Pitta Street, 1065 Nicosia, Cyprus
- Company register
- Cyprus Registrar of Companies HE429757
- Founder
- Yuri Alekseev
Online
- Websites & references
- solidgate.com ↗
docs.solidgate.com ↗ developer documentation
api-docs.solidgate.com ↗ API reference
status.solidgate.com ↗ system status page
hub.solidgate.com ↗ merchant portal login
treasury.solidgate.com ↗ Treasury business account sign-up - Official social accounts
- LinkedIn ↗ · GitHub ↗
Sources · 12 pages consulted
- lb.lt/en/sfi-financial-market-participants/solid-processing-limited
- fi.ee/en/payment-services/e-money-institutions/providers-cross-border-e-money-services/solid-pr
- solidgate.com/legal/complaints-policy/
- solidgate.com/
- solidgate.com/about/
- solidgate.com/business-accounts/
- solidgate.com/acquiring/
- solidgate.com/legal/terms-of-use/
- solidgate.com/blog/solidgate-joins-endeavors-global-network/
- solidgate.com/blog/yuriy-alekseev-ceo-and-co-founder-of-solidgate-accepted-into-forbes-technology-counc
- solidgate.com/blog/top-product-updates-july-august-2026/
- mastercard.com/us/en/news-and-trends/Insights/2026/how-solidgate-scaled-with-smarter-fraud-detection.htm
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 115.1.3.58. The EBA register lists its activities as payment services, card acquiring and e-money issuance. The licence is passported across the EEA without branches, and the Bank of Lithuania register records 30 host member states.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Central Bank of Cyprus Cyprus | Electronic Money Institution | 115.1.3.58 | In its own name | Active | solidgate.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
- Payment schemes and card networks
- Swift Direct solidgate.com ↗
SEPA Credit Transfer Access not stated solidgate.com ↗
SEPA Instant Credit Transfer (RT1 and TIPS) Access not stated solidgate.com ↗
Visa Direct Access not stated solidgate.com ↗
Mastercard Move Access not stated solidgate.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
The firm sells card acquiring and payment orchestration across multiple acquirers to online merchants. Its Treasury service adds EUR, USD and GBP business accounts with IBANs, SEPA and Swift transfers, card payouts and corporate cards.
It serves merchants across the EEA under its Cypriot licence, which the Bank of Lithuania register shows as notified for cross-border services in other member states.
- Sells to
- Enterprises · Small businesses · Platforms and marketplaces
- Serves customers in 30 countries
- Cyprus · Austria · Belgium · Bulgaria · Croatia · Czechia · Denmark · Estonia · Finland · France · Germany · Greece · Hungary · Iceland · Ireland · Italy · Latvia · Liechtenstein · Lithuania · Luxembourg · Malta · Netherlands · Norway · Poland · Portugal · Romania · Slovakia · Slovenia · Spain · Sweden
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Yuri Alekseev
CEO and co-founder
- Executive
-
Artem Sadurskyy
Chief Product Officer
- Executive
- Yurii Candela Chief Business Development Officer
Recent events
Researched 29 Sep 2026 · Sources
-
Other
Solidgate launched Treasury, offering merchants business accounts with SEPA and Swift transfers and mass payouts.
solidgate.com ↗ -
Licence
The Central Bank of Cyprus authorised the firm as an electronic money institution under licence 115.1.3.58.
solidgate.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
- SOLPCY22XXX
- How the BIC breaks down
- SOLPBank
- CYCountry · Cyprus
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 984500BE1ACTF3C9E738
- LEI record
- View on GLEIF ↗
- Licence no. · EBA-PSD2
- 115.1.3.58
- 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 and country only.
- Register-entry ID
- 732f6801e003
- National bank code
- Bank identifier 918
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
- 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
- LABS TOWER 6/ F, 4 FOTI PITTA NICOSIA (LEFKOSIA) 1065 CYPRUS
- Operational address
- LABS TOWER FLOOR 6 4 FOTI PITTA NICOSIA (LEFKOSIA) 1065 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>SOLPCY22XXX</BICFI>
<LEI>984500BE1ACTF3C9E738</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>SOLPCY22XXX</BICFI>
<LEI>984500BE1ACTF3C9E738</LEI>
<Nm>SOLID PROCESSING LIMITED</Nm>
<PstlAdr>
<TwnNm>NICOSIA LEFKOSIA</TwnNm>
<Ctry>CY</Ctry>
<AdrLine>LABS TOWER 6/ F, 4 FOTI PITTA NICOSIA (LEFKOSIA) 1065</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.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2024-12-02 | Head office | — |
| SEPA Instant Credit TransferISO 20022 messages | 2024-12-02 | Head office | — |
| Verification of Payee | 2025-10-14 | Head office | — |
| TIPS (TARGET Instant Payment Settlement)ISO 20022 messages | — | Head office | — |
SEPA dates are when the institution became ready for the scheme. TIPS entries have no joining date.
An institution missing from T2 may still be reachable through an indirect participant. The ECB’s TIPS list does not separate participants from reachable parties. It includes institutions reachable in Swedish kronor as well as in euro.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
National bank codes
Bank identifier · Cyprus
1 code file of 2026-09
| Code | Routes to BIC | Name in the national file |
|---|---|---|
| 918 | SOLPCY22 | Solid Processing Limited |
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
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of TIPS participants and reachable parties.
- 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.
- European registers—Source: European Central Bank (ECB), list of monetary financial institutions and list of institutions subject to minimum reserves. Matched on LEI by Elucidate.
- 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: solidgate.com (official website) · original; Yuri Alekseev: solidgate.com (official website) · original; Artem Sadurskyy: solidgate.com (official website) · original.
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