Multipass is a financial services provider offering global business accounts, multi-currency payments, and cross-border transaction solutions.
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Digital Banking
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Lithuania · EMI
Digital banking for Lithuanian EMIs that serve the whole EEA
Your licence comes from the Bank of Lithuania, but your customers may live in Madrid, Lyon or Munich. Give them branded apps in their language on top of a ledger, onboarding and cards your Lithuanian team controls.
- Web, iOS and Android apps in your brand
- Interface in 15+ languages
- Onboarding for private and business clients
- Cards, accounts and savings vaults
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What you can put in front of EEA customers
A branded neobank app
Web and mobile apps with your name, colours and domain. Customers open an account, pass identity checks, get an IBAN and pay by SEPA in one flow.
Onboarding per country and client type
Separate questionnaires for consumers, sole traders and companies, with identity and company checks through connected verification providers and limits set per client.
Debit and prepaid cards
Virtual cards on day one and plastic later, managed in the app: freeze, limits, PIN delivery and card top-ups from the account. You contract the issuer, the platform runs the controls.
Savings vaults and spending tools
Vaults to set money aside, push notifications for every payment and transaction history customers can search and export.
Business accounts
Company onboarding, several users per account, batch payments with approval and saved counterparties for suppliers.
Open banking
Consent screens for third-party providers so your customers can connect budgeting and accounting apps under PSD2.
What this licence does not cover
- A deposit account. E-money balances are safeguarded but carry no deposit guarantee, and your app copy must not suggest otherwise.
- Interest on e-money balances, including in savings vaults. Rewards have to be structured so they are not interest.
- Consumer credit or overdrafts out of customer funds.
- Serving customers in another EEA country before the Bank of Lithuania has passed on your passport notification.
What the regulator asks about your IT
Each requirement, what the platform gives you for it and who owns it after launch.
A back office your Lithuanian team runs itself: account approvals, limits, payment review and reports, with roles and a full audit trail.
YouTwo-factor login and payment confirmation built into the web, iOS and Android apps.
CrassulaOnboarding questionnaires per client type and identity verification through connected providers, with documents stored per customer.
Your MLROPer-country onboarding rules, so you only accept residents of states covered by your notifications.
You, through the Bank of LithuaniaApp interface and notifications localised in 15+ languages, with your own terms and fee schedules loaded per market.
You, with your lawyersWeb and mobile front ends you can adapt in branding and content, so your team can test them against the accessibility requirements.
You, with our inputA description of the apps, hosting and subcontractors, plus contract terms for audit, access and exit.
You, with our input
Payment rails and providers
Rails your customers can use
SEPA Credit TransferSEPA InstantSWIFTCard paymentsInternal transfers
CENTROlink (Bank of Lithuania)
The Bank of Lithuania's payment system for EEA-licensed EMIs and PIs. Crassula's CENTROlink connector issues EUR accounts and IBANs and sends SEPA credit transfers from the customer app.
24/7
real-time processing, no batch window
60+
payment and provider integrations connected
150+
companies run on Crassula
15+
languages the platform speaks
Dates to plan around
Rules that change what you have to build, in the order they apply.
28 Jun 2025
The European Accessibility Act covers consumer e-money and payment services. New and updated customer apps must meet its accessibility requirements.
9 Oct 2025
Verification of Payee is in force. E-money institutions in the euro area, Lithuania included, must show customers a payee name check before they confirm any euro credit transfer, not only instant ones.
9 Apr 2027
E-money institutions must let customers send and receive SEPA Instant payments.
10 Jul 2027
The EU Anti-Money Laundering Regulation applies, with one set of customer due diligence rules for every EEA market you onboard from.
Applying to the Bank of Lithuania for an EMI licence with a consumer app? Name us in your file.
For a retail EMI, the Bank of Lithuania wants to see how customers will be onboarded, authenticated and informed, not only how money moves. A working app answers those questions faster than a description, and we write the technical sections around it.
01
A platform you can demonstrate
A configured environment to show the regulator, not slides.
02
The technical part of your application, prepared
IT systems, customer authentication, ICT risk under DORA, outsourcing and business continuity sections of your Bank of Lithuania file.
03
Providers lined up
Banking, safeguarding and KYC providers from our network, matched to your licence.
Crassula provides technology and documentation support. We do not provide legal or regulatory advice and cannot guarantee the outcome of an application.
How a launch usually runs
A founder team with a licence plan in Vilnius wants to sell a spending account to young professionals in Spain and France. We brand the web and mobile apps, switch on Spanish and French, and set up onboarding that asks for a Spanish or French address. The Lithuanian compliance team approves edge cases in the back office.
While the Bank of Lithuania reviews the file, the team tests virtual cards and SEPA payments in the sandbox. After authorisation they send passport notifications for Spain and France, open onboarding only for those countries, and add plastic cards once the first customers are active.
For the licence itself, see the Lithuania EMI licence guide and our overview of EMI licensing in the EU.
Read the licence guides
FAQ
Yes, after it notifies the Bank of Lithuania for each host country under the EU passport. The Bank of Lithuania forwards the notification to the host supervisor. Until then, keep onboarding closed for that country, which the platform lets you do per market.
The interface is localised in more than 15 languages, including the main EEA ones. You supply your legal texts and fee schedules for each market, and we load them into the apps.
The platform runs in the cloud, so developers and support can sit anywhere. The Bank of Lithuania looks at where management, compliance and risk decisions happen, and those people should be in Lithuania. Our Lithuania EMI guide covers the substance expectations.
Yes. Cards come from an issuer and processor you contract directly. The platform is already integrated with issuers, and it runs card controls, limits and card top-ups inside your app.
A branded environment for your application can be ready in as little as 10 business days. Going live with customers depends on your authorisation, safeguarding account, card issuer contract and passport notifications.
Not on e-money. Vaults let customers set money aside, but an EMI cannot pay interest on balances. If interest-bearing deposits are core to the plan, look at the Lithuanian specialised bank licence.
