Category

European BaaS providers

61 verified European providers, ranked European-origin first (46 EU/EEA-origin). Full-stack accounts, payments and cards on one licence. Compare by EEA data residency, licence and regulator - each verified at source.

Banking-as-a-Service bundles accounts, payments, cards and compliance behind one licence and one API - the fastest route from product idea to regulated reality, and the deepest lock-in if chosen casually. The two decisions that matter before any demo: bundled vs composed (one BaaS contract vs assembling IBAN, issuing and KYC separately) and whose licence the programme runs on - umbrella or your own. Method and pricing: the 7-step selection guide and BaaS pricing explained; the sovereignty-screened cut lives at EEA-resident BaaS.

Sovereignty cut of this list: BaaS providers with full EEA data residency (EEA: Yes) - verified at source.

61 verified providers

Last source verification in this list: 2026-07-20. How we verify →

At a glance (61 providers): licences: 34 EMI, 11 Vendor, 9 Bank, 4 PI, 2 not documented, 1 CASP; EEA data residency: 43 Yes, 10 No, 8 Partial; headquarters: 45 EU core, 11 UK, 4 US, 1 Wider Europe.

Licence = the authorisation the provider holds itself (Vendor = unlicensed software). EEA data = customer data stored and processed in the EEA. – = not documented at source. Names open the verified profile.

ProviderHQLicenceEEA dataLocal IBANsAlso offersVerifiedIntro
AdvapayEstonia EU coreVendorYes–Core banking2026-06-26Request intro
Aion BankBelgium EU coreBankYes–Core banking, Lending module2026-06-26Request intro
AircashCroatia EU coreEMIYes–Payment gateway2026-06-26Request intro
Bank FrickLiechtenstein EU coreCASPYes–Payment gateway, Crypto / digital-asset infra2026-06-26Request intro
BankeraLithuania EU coreEMIYesLTIBAN sponsor, Card issuing software2026-07-19Request intro
Banking CircleLuxembourg EU coreBankYesGB DE LUIBAN sponsor, Crypto / digital-asset infra, Cross-border payments / FX2026-07-19Request intro
BankingBlocks WatchNetherlands EU corePIYes––2026-06-26Request intro
BarionHungary EU coreEMIYes–Payment gateway2026-06-26Request intro
CecabankSpain EU coreBankYesESIBAN sponsor, Issuer processing2026-07-19Request intro
ConnectPayLithuania EU coreEMIYesLTCard issuing software, IBAN sponsor, Open banking2026-07-19Request intro
ECOMMBXCyprus EU coreEMIYesCYIBAN sponsor, Cross-border payments / FX2026-07-19Request intro
Edenred Payment SolutionsUK / Belgium EU coreEMIPartial–BIN sponsor, Card issuing software, Issuer processing2026-06-26Request intro
FabrickItaly EU corePIYesITOpen banking, IBAN sponsor2026-07-19Request intro
FininboxLithuania EU coreVendorYes–Core banking2026-06-25Request intro
FireIreland EU corePIYesIEIBAN sponsor2026-07-19Request intro
GenomeLithuania EU coreEMIYesLTIBAN sponsor, Cross-border payments / FX2026-07-19Request intro
iCardBulgaria EU coreEMIYesBGCard issuing software, IBAN sponsor2026-07-19Request intro
IntersolveNetherlands EU coreEMIYes–Card issuing software2026-07-19Request intro
LemonwayFrance EU coreEMIYesFRPayment gateway, IBAN sponsor2026-07-19Request intro
LHVEstonia EU coreBankYesEE GBIBAN sponsor2026-07-19Request intro
MangopayLuxembourg EU coreEMIYesLUIBAN sponsor, Payment gateway2026-07-19Request intro
MoonriseDenmark EU coreBankYesDK NO SEIBAN sponsor2026-07-19Request intro
NarviFinland EU coreEMIYesFIIBAN sponsor2026-07-19Request intro
NatechGreece EU coreVendorYes–Core banking2026-07-13Request intro
NexpayLithuania EU coreEMIYesLTIBAN sponsor, Cross-border payments / FX2026-07-19Request intro
NoFrixionIreland EU coreEMIYes––2026-07-13Request intro
OkaliFrance EU coreEMIYesFRIBAN sponsor, Card issuing software2026-07-20Request intro
Papaya LtdMalta EU coreEMIYesMTIBAN sponsor, Card issuing software2026-07-19Request intro
PayCenterGermany EU coreEMIYesDEIBAN sponsor, Card issuing software2026-07-19Request intro
PayneticsBulgaria / UK EU coreEMIPartialBG GBCard issuing software, BIN sponsor, IBAN sponsor +12026-07-19Request intro
PaynovateBelgium EU coreEMIYes–BIN sponsor, Card issuing software2026-06-25Request intro
PayseraLithuania EU coreEMIYesLTIBAN sponsor, Card issuing software, Payment gateway +12026-07-19Request intro
PecunpaySpain EU coreEMIYesESCard issuing software, BIN sponsor, IBAN sponsor2026-07-19Request intro
PowensFrance EU corePIYes–Open banking2026-06-25Request intro
SatchelLithuania EU coreEMIYesLTIBAN sponsor, Card issuing software2026-07-19Request intro
Solaris WatchGermany EU coreBankYesDECard issuing software, BIN sponsor, IBAN sponsor +12026-07-19Request intro
StrigaLuxembourg EU coreEMIYesLUCard issuing software, IBAN sponsor, Core banking +12026-07-19Request intro
SwanFrance EU coreEMIYesFR DE ES IT NL BECard issuing software, IBAN sponsor, BIN sponsor2026-07-19Request intro
Treezor WatchFrance EU coreEMIYesFRCard issuing software, BIN sponsor, IBAN sponsor +22026-07-19Request intro
TuumEstonia EU coreVendorYes–Core banking2026-06-25Request intro
UnnaxSpain EU coreEMIYesESOpen banking, IBAN sponsor2026-07-19Request intro
VelmieEstonia EU coreVendorYes–Core banking2026-06-25Request intro
VialetLithuania EU coreEMIYesLTIBAN sponsor, Card issuing software2026-07-19Request intro
VodenoBelgium / Poland EU coreVendorYesBEIBAN sponsor, Core banking2026-07-19Request intro
XpollensFrance EU core–YesFRCard issuing software, IBAN sponsor2026-07-19Request intro
ParamTurkey Wider EuropeEMINo–Card issuing software, Payment gateway2026-06-25Request intro
Bankable WatchUK UKVendorNo–Card issuing software2026-06-25Request intro
ClearBankUK UKBankPartialGB NLIBAN sponsor2026-07-19Request intro
CrassulaUK / Estonia UKVendorNo–Core banking2026-06-25Request intro
GriffinUK UKBankNoGBIBAN sponsor2026-07-19Request intro
ManigoUK UKEMINo–Card issuing software, Issuer processing2026-06-26Request intro
ModulrUK / Netherlands UKEMIPartialGB NL ES FR IECard issuing software, IBAN sponsor2026-07-19Request intro
NatWest Boxed WatchUK UKBankNo–Card issuing software2026-06-25Request intro
OpenPaydUK / Malta UKEMIPartialGB NL FR MTIBAN sponsor, Cross-border payments / FX2026-07-19Request intro
RailsrUK UKEMINo–Card issuing software2026-07-12Request intro
WeavrUK / Malta UKEMIPartial–Card issuing software2026-06-25Request intro
WiseUK / Belgium UKEMIPartialBE GBIBAN sponsor, Cross-border payments / FX2026-07-19Request intro
MbanqGermany / US US–Partial–Core banking2026-06-25Request intro
SyncteraUS USVendorNo––2026-06-25Request intro
Treasury PrimeUS USVendorNo––2026-06-25Request intro
UnitUS USVendorNo––2026-06-25Request intro

No longer operating (1)

Kept on record on purpose: licences get revoked and providers fail, and checking status before signing is part of due diligence. These are not live options - they are left out of the list and the counts above.

FAQ

What is a European BaaS provider?

A Banking-as-a-Service provider bundles accounts, payments, cards and compliance behind one licence and API, so a non-bank can embed regulated banking. Fintechnologica lists 61 verified BaaS providers (46 European-origin), each checked at source for licence type, regulator and EEA data residency.

How do I choose between BaaS and composing IBAN + card issuing separately?

BaaS is the fastest path (one contract, one licence umbrella) but couples you to one provider. Composing IBAN sponsorship, card issuing and KYC separately gives resilience and pricing leverage at the cost of integration work. The deciding factors are usually licence model (BYOL vs umbrella), target markets and EEA data-residency requirements.

Need a tailored shortlist of BaaS providers for your licence, market and EEA requirements? Request a match - free, neutral, zero pay-to-rank.