Snappi secures ECB license, launches neobank in Greece

By Vriti Gothi

Snappi, the Greek neobank licensed by the European Central Bank (ECB), has launched, all Greek tax residents via the App Store and Google Play. This move changes Greece’s digital banking landscape, as Snappi combines the innovation and simplicity of a neobank with the security and regulatory strength of a fully licensed European Union institution.

Headquartered in Ioannina, Snappi was established through a joint venture between Piraeus Bank, Natech, and Neptune International, designed as a 100% digital bank with a seamless, mobile-first interface. The platform offers effortless onboarding without paperwork, complemented by 24/7 live human customer support, ensuring an inclusive and responsive service experience. Customers can access both virtual and physical debit cards, allowing for flexible and convenient everyday banking.

Snappi is engineered to meet the evolving financial needs of customers with features that integrate seamlessly into daily life. With a Greek IBAN and connectivity to the national automated clearing house DIAS, accounts are fully compatible with IRIS payments and local transfers, removing friction from essential transactions.

Snappi also introduces a market-leading 3% interest rate on deposits up to $1,177, providing a secure and transparent way to help customers grow their savings. Its commitment to zero fees ensures straightforward banking without hidden costs, while upcoming innovations such as Snappi Pay Later will offer flexible, interest-free e-shopping options in four instalments.

Unlike many neobanks operating under lighter frameworks, Snappi is a fully licensed European Union bank, regulated by the ECB. This status guarantees the highest standards of security, accountability, and consumer protection, while offering the same safeguards as traditional banks across the EU. Customers can therefore enjoy the speed and transparency of a FinTech experience without compromising on trust or compliance.

Gabriella Kindert, CEO of Snappi, said, “At Snappi, we’ve rethought what banking should feel like simple, transparent, and built around real life. We’ve created a platform that’s digital-first but grounded in trust, combining the ease of FinTech with the stability of a fully licensed European Union bank. Transparency is central to everything we do: no hidden fees, no small print, just clear, fair banking. With strong local roots in Greece and an international outlook, we’re part of a new generation of neobanks designed to be flexible, inclusive, and genuinely helpful day to day.”