A customer in Spain measures your app against their bank's, Bizum included. Launch apps in your brand, accounts, cards and instant transfers on a platform you can show the Banco de España while it reviews your application.
Global business accounts, multi-currency payments and cross-border solutions, supported by Crassula APIs and BaaS connections.
Read case study: Multipass
Account details, SEPA payments, card issuing, KYC onboarding and multi-currency exchange in one financial product.
Read case study: LuxPaySign-up from the phone, an IBAN, direct debits for household bills and SEPA transfers. The balance is e-money, and the contract says so.
A virtual card at sign-up and a plastic one when the customer asks, with limits, freezes and PIN in the app. Your institution signs the contract with the issuer.
SEPA Instant from the app, with the name and IBAN that Verification of Payee needs before sending.
Vaults to put money aside without interest, push notifications for every charge and a history the customer can search and export.
Onboarding for autónomos and companies, several users with permissions, batch payments with approval and saved counterparties for suppliers.
PSD2 consents so customers can connect aggregators and invoicing software to their account.
Each requirement, what the platform gives you for it and who owns it after launch.
E-money balance per customer and issue date, so you can check that funds received through a payment instrument, such as a card top-up, are safeguarded no later than five business days after issue.
Your finance team, on platform dataArchitecture, hosting, two-factor login, roles, audit trail and recovery plan, written up for your application.
Crassula drafts, you sign offOnboarding questionnaires per customer type, identity checks through connected providers and per-customer limits. Analysis and reports to SEPBLAC stay with you.
Your internal control bodyTwo-factor login and payment confirmation on web, iOS and Android.
CrassulaService description, subcontractors, audit and access rights and an exit plan.
You, with our inputInterface, notifications and in-app documents in Spanish, with your own terms and fees loaded.
You, with your lawyersReporting endpoints and exports of balances, transactions and customers as the data source. You prepare and submit the returns.
You, on platform dataRails your customers can use
Rules that change what you have to build, in the order they apply.
DORA applies to e-money institutions: an ICT risk framework, reporting of major incidents and a register of ICT providers.
Every euro area EMI offers Verification of Payee on all credit transfers, free of charge to the payer.
Euro area EMIs must be able to send and receive SEPA instant payments.
The EU AMLR applies, adding EU-wide due diligence rules on top of Law 10/2010.
The Banco de España decides after a report from SEPBLAC, and if no decision arrives in time the application counts as refused. A solid technical file and a working platform cut down the back and forth, and we prepare that part with you.
Talk to us about your applicationCrassula provides technology and documentation support. We do not provide legal or regulatory advice and cannot guarantee the outcome of an application.
A configured environment to show the regulator, not slides.
Systems, security, outsourcing, ICT risk under DORA and business continuity sections of your Banco de España file.
Banking, safeguarding and KYC providers from our network, matched to your licence.
A team in Valencia wants to launch an account for gig workers who get paid weekly. Before filing through the Banco de España's online office, we set up an environment in its brand: Spanish onboarding, a virtual card, vaults and an alert for every payment received.
While the Banco de España and SEPBLAC review the file, the team connects its safeguarding bank and card issuer and tests the five-business-day control for card top-ups on dummy data. Once authorised and entered in the register, the same platform opens to the first customers.
For the regulatory side, read our Spain EMI and PI guide and the overview of e-money institutions in the EU.
The questions teams ask us before a first call.
Not covered here?Bring your question to a demo with our team.Tell us your licence and country. We will map the rails, providers and documents you need.
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