Greek Neobank Snappi Secures ECB Universal License

Snappi, the pioneering Greek neobank, has obtained a universal banking license from the European Central Bank (ECB), following a proposal by the Bank of Greece.

This approval marks a crucial milestone in Snappi’s mission to deliver next-generation financial services across Europe.

The licensing process was facilitated by Snappi’s experienced team, in close collaboration with regulatory authorities.

With this full banking license, Snappi is now authorized to conduct a wide range of banking activities, including accepting deposits and offering loans.

Christos Megalou, Chairman of Snappi’s Board of Directors and CEO of Piraeus Bank, expressed his satisfaction, stating:

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 licensed institution, our goal is to serve our clients and society by offering innovative digital products.

Gabriella Kindert, soon to assume the role of CEO at Snappi, emphasized the importance of trust in banking.

“Receiving the banking license 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,” she said.

Thanasis Navrozoglou, Vice Chairman of Snappi’s Board and President & CEO at Natech, an Ioannina-based fintech firm, highlighted the neobank’s focus on modern banking solutions.

He said the bank i snow focused on rolling out its digital strategy, leveraging state-of-the-art offerings and cutting-edge technologies for everyone who wants something better.

Strategically located in Ioannina, Snappi aims to promote decentralization and support the local community. This positioning reflects its commitment to fostering an emerging regional technology ecosystem and inspiring innovation beyond traditional urban centers.

In the lead-up to its public launch, Snappi will focus on enhancing its banking operations to deliver a fresh digital experience with top-notch quality and reliability, according to the announcement.

Snappi, a joint initiative between Piraeus Financial Holdings and Natech, said it is dedicated to revolutionizing the financial experience for individuals and businesses.

Its mission is to offer a fully digital, user-friendly platform that ensures accessibility, efficiency, and transparency, aiming to become a leading digital bank that meets the evolving needs of its clients.

Sponsored Links by DQ Promote



Send this to a friend