Fintech licensing in Spain
In Spain, fintech and crypto licences are issued by the National Securities Market Commission (CNMV) and the Bank of Spain (BdE). The Atlas covers 10 licence types there, in 8 families: bank, crypto-asset service provider (MiCA), electronic money institution, fund manager, investment firm, lending, payment institution and stablecoin issuer. Because Spain is in the EU/EEA, passportable licences issued there can be extended to the other member states by notification. Crypto-asset service providers are authorised under MiCA.
Financial regulators in Spain
- Spain
Bank of Spain (BdE)
Banco de España is Spain's national central bank and banking supervisor, operating as an integral part of the European System of Central Ban
- Spain
National Securities Market Commission (CNMV)
The National Securities Market Commission is the Spanish agency responsible for supervising and inspecting secondary securities markets, inv
Fintech licences available in Spain
Bank / credit institution
Crypto-asset service provider (MiCA CASP)
Electronic money institution (EMI)
Fund manager
Investment firm / broker-dealer
- IF · Spain
Sociedad de Valores y Agencia de Valores (SV / AV) investment firm licence
CNMV
- IF · Spain
Empresa de Asesoramiento Financiero (EAF) licence
CNMV
Lending / consumer credit
- Credit · Spain
Proveedor de servicios de financiación participativa / European crowdfunding service provider authorization
CNMV
- Credit · Spain
Establecimiento financiero de crédito (EFC) / Specialized lending credit institution authorization
BdE
Payment institution (PI)
Stablecoin / e-money token issuer
Path to market
Start by mapping the activities you plan to offer onto the licence types above; the activity pages show which licence permits each one. CNMV offers pre-application meetings, an innovation hub and a regulatory sandbox; BdE offers pre-application meetings, an innovation hub and a regulatory sandbox; the regulator page explains how to use them. The application goes to CNMV and BdE, together with the capital, governance and AML documentation the licence page lists. Once authorised, an EU/EEA licence can be extended to other member states by passport notification rather than a new licence.
Need this licence, or a different one?
Tell us your business model and target markets. We check the fit before you spend on an application, then handle the licence end to end.
A free preliminary assessment: we check your business model against the licence before you spend on an application. We handle this licence and any other fintech licence, including jurisdictions the Atlas does not cover yet.