SPI (Small Payment Institution) for sale in Belgium

The company has a clean record and comes with full support. Its AML/KYC procedures are approved and in place, so operations can carry on without interruption.

Key details

• Regulator: Financial Services and Markets Authority (FSMA)
• Licence: SPI, granted 2014
• Founded: 2013
• Country of registration: Belgium
• Services: account information services, payment initiation and money remittance
• Banking: EU banks hold its operational and safeguarding accounts

Why an SPI licence

• Less capital is needed than for an API or an EMI licence
• Licensing is quicker and the regulatory load lighter
• Regulated payment services can be offered up to set transaction limits
• Compliance and reporting are simpler
• The licence can later be upgraded to an API or EMI as the business grows

Suitable for

• Start-ups and SMEs that want to offer payment services with a smaller capital outlay
• Remittance providers focused on niche or regional corridors
• E-commerce platforms adding simple payment solutions
• Businesses trying out new payment models before they scale
• Entrepreneurs who need a flexible, simpler licensing route