snappi, a Greek neobank, has received a universal banking licence from the European Central Bank (ECB), following the proposal of the Bank of Greece. The regulator’s approval comes as the first milestone in snappi’s plans to provide next-generation financial services.

The licencing process was facilitated by snappi’s team, working in collaboration with regulatory authorities. With the full banking licence, snappi is authorised to conduct a comprehensive range of banking activities, including accepting deposits and offering loans.

Christos Megalou, Chairman of snappi’s Board of Directors and CEO of Piraeus Bank, said: “I am very pleased that snappi has been granted a Eurozone-passportable banking licence. This is a significant step in the bank’s development and marks a new era in snappi’s journey to become part of the new banking landscape in Europe, starting from Ioannina, Greece. As a fully licenced institution, our goal is to serve our clients and society by offering innovative digital products.”

snappi will focus on enhancing the setup of its banking operations and integration points to deliver a fresh customer digital experience

Gabriella Kindert, CEO at snappi, commented: “We know that banking is built on trust, and receiving the banking licence is an important milestone for us. Our aim is to evolve the client banking experience by providing customer-centric, innovative, and competitive financial products and solutions. We believe in fostering a more inclusive banking environment and strive to serve our clients and stakeholders with integrity and excellence”

Thanasis Navrozoglou, Vice Chairman of snappi’s Board of Directors and President & CEO at Natech, added: “snappi is all about modern people, and this licence unlocks a future of banking experiences that will speak to their hearts. Now, we are focused on rolling out snappi’s digital strategy, leveraging state-of-the-art offerings and cutting-edge technologies for everyone who wants something better. Kudos to the snappi team and everyone who have been passionately working to create this new digital bank from the ground up”.

snappi’s headquarters in Ioannina, strategically positioned outside the Greek capital. This choice is intended to support the local community, foster the development of an emerging regional technology ecosystem, and inspire innovation beyond traditional urban centres.