Everything your customers touch carries your name: the apps, the sign-up flow, the cards and the account details. You hold the FCA authorisation, we supply the product behind it, from the first demo for your application to the release in the App Store and Google Play.
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: LuxPayiOS, Android and web apps in your colours and on your own developer accounts, localised for the markets you serve.
Separate onboarding questionnaires for individuals and companies, identity checks through the verification provider you connect, and limits applied from the first login.
GBP accounts with their own sort code and account number through your banking partner, plus EUR and other currencies for customers who travel or get paid abroad.
Virtual cards issued in the app the moment an account opens, physical cards on request, and Apple Pay and Google Pay. The issuing contract is yours.
Vaults to set money aside and in-app currency exchange at the rates you configure.
A business version of the app with company onboarding, team members, batch payments and approvals.
Each requirement, what the platform gives you for it and who owns it after launch.
Screen-by-screen walkthrough of the apps and the onboarding flow, so the FCA sees exactly what a customer does.
You, with our material2FA and SCA in the mobile and web apps, device and session controls, role-based access in the back office.
Crassula runs it, you approve the policyService description, data location, audit rights and an exit plan covering apps, data and customer records.
You, with our inputConfigurable fees and price lists, in-app terms and notices, support tools and transaction history for complaint handling.
Your board and compliance teamPayment limits per client, transfer confirmations in the app and full payment records for claims handling.
Your fraud and operations teamOnboarding questionnaires, document upload, checks through connected KYC providers, transaction data exported to your monitoring provider.
Your MLROCustomer balances and transactions available as exports for your daily reconciliation and monthly return.
Your finance teamMonitoring, backups and our incident process, with timings you can plug into your own reporting to the FCA.
SharedRails your customers can use
UK bank built for EMIs and other regulated firms: client funds held at the Bank of England, virtual accounts under your own name and sort code, direct scheme membership.
FCA-authorised EMI (FRN 900684) that gives licensed firms company-named GBP and EUR accounts and named virtual IBANs over one integration.
Rules that change what you have to build, in the order they apply.
Mandatory APP scam reimbursement started for Faster Payments and CHAPS, up to GBP 85,000 per claim. Any EMI sending these payments for consumers is in scope.
CASS 15 took effect. Your app's balances become the client-level records behind the daily reconciliation and the monthly safeguarding return.
HM Treasury's consultation on rewriting the EMRs 2011 and PSRs 2017 closed. Expect more of the rulebook to move into FCA rules over the next years.
Last day to apply to the FCA under the new cryptoasset regime if you want crypto in the app when it goes live on 25 Oct 2027.
An FCA case officer reads a lot of business plans. A working app in your brand, with real sign-up and payment flows, answers many questions before they are asked. Your lawyers handle the legal side.
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 in your brand to show the regulator, not slides.
IT and security policy, outsourcing, business continuity and the customer journey sections of your FCA file.
Accounts, safeguarding and UK rails through partners including ClearBank and Clear Junction.
A Manchester team wants a money app for students: GBP account, a virtual card on sign-up and a pot for rent. We start with a branded test build on their phones, which they use in pre-application meetings and attach as screenshots to the programme of operations.
While the FCA assesses the file, their designers finish the brand, the compliance lead writes onboarding questions for students and international students, and the apps go through App Store and Google Play review under the firm's own developer accounts. Release is held until authorisation lands.
If you have your own front end and only need the ledger, see core banking for UK EMIs. The licence itself is covered in our UK EMI guide.
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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