·Programmatic · Licensing topology

Licensing paths, by country and licence type.

A partner-led launch rides a sponsor bank or EMI licence, but the topology still matters: capital, time-to-licence, regulator, and EU passportability differ market by market. These pages map each licence type across the markets we operate in. Pick a country to see its licence paths.

30 pages · 10 countries

● Czech Republic

CASPČNB · €125k–€350k · 6–9 months→EMIČNB · €350,000 · 6–9 months→PIČNB · €20,000 – €125,000 · 6–9 months→

● France

CASPACPR · €125k–€350k · 9–12 months→EMIACPR · €350,000 · 9–12 months→PIACPR · €20,000 – €125,000 · 9–12 months→

● Germany

CASPBaFin · €125k–€350k · 9–12 months→EMIBaFin · €350,000 · 9–12 months→PIBaFin · €20,000 – €125,000 · 9–12 months→

● Netherlands

CASPDNB · €125k–€350k · 6–9 months→EMIDNB · €350,000 · 6–9 months→PIDNB · €20,000 – €125,000 · 6–9 months→

● Poland

CASPKNF · €125k–€350k · 9–12 months→EMIKNF · €350,000 · 9–12 months→PIKNF · €20,000 – €125,000 · 9–12 months→

● Romania