Corporate & Business BOE Importance: 4/10

Bank of Spain registers Monzo Bank Europe as an authorized credit institution to operate in Spain

18 May 2026 Effective: 07 May 2026 8 views
Who is affected:
Consumers, self-employed professionals and companies seeking digital banking alternatives in Spain

Summary

Monzo Bank Europe, an Irish digital bank, is officially registered as a credit institution in Spain. It will be able to offer banking services legally in the country.

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The Bank of Spain formalizes the registration of Monzo Bank Europe Designated Activity Company, Branch in Spain, in the official Register of credit institutions. This means that this digital bank of Irish origin, known for its 100% mobile model, obtains legal authorization to operate in the Spanish banking market. Regi…

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Full official title

Resolución de 7 de mayo de 2026, del Banco de España, por la que se publica la inscripción en el Registro de entidades de crédito de «Monzo Bank Europe Designated Activity Company, Sucursal en España».

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Affected sectors

Self-employed SMEs Technology

Categories

Tax & Revenue Labour & Employment Corporate & Business Data Protection Social Security European Regulations Grants & Subsidies Other Regulations Public Sector Education Energy Agriculture & Fisheries Real Estate

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