IOANNINA, Greece, June 28,
2024 /PRNewswire/ -- snappi, the pioneering Greek
neobank, announces that it has received a universal banking license
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 licensing process was facilitated by snappi's experienced
team, working in strong collaboration with regulatory authorities.
With the full banking license, snappi is authorized 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, remarked: "I am very pleased that snappi has
been granted a Eurozone-passportable banking license. 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."
"We know that banking is built on trust, and 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. We
believe in fostering a more inclusive banking environment and
strive to serve our clients and stakeholders with integrity and
excellence" said Gabriella Kindert, who will be assuming the role
of CEO at snappi.
Thanasis Navrozoglou, Vice Chairman of snappi's Board of
Directors and President & CEO at Natech, an Ioannina-based
fintech firm and the technology partner of snappi, specialized in
banking software solutions, commented: "snappi is all about modern
people, and this license 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".
Strategically located in Ioannina: Promoting
decentralization and supporting the local community
snappi's headquarters in Ioannina, strategically positioned
outside the Greek capital, reflect the neobank's commitment to
decentralization. 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.
In the following period and ahead of public launch, snappi will
focus on enhancing the setup of its banking operations and
integration points to deliver a fresh customer digital experience
with top-notch standards of quality and reliability.
About snappi
snappi is a joint initiative between Piraeus Financial Holdings,
the parent company of Piraeus Bank, and Natech, a premier fintech
firm specializing in core banking software solutions. At snappi,
our mission is to revolutionize the financial experience for
individuals and businesses by providing a fully digital,
user-friendly platform that ensures accessibility, efficiency, and
transparency. Our vision is to be the leading digital bank,
delivering innovative financial solutions tailored to the evolving
needs of our clients. By prioritizing transparency, efficiency,
inclusion, and customer satisfaction, we aim to build lasting
relationships and assist our clients to realize their aspirations
for a fulfilling life.
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