After 2.5 years of effort, Green-Got officially becomes a Payment Institution licensed by France's ACPR. A remarkable achievement for this French fintech that combines ecological ambition with technological excellence.
Green-Got: The Neobank Financing the Ecological Transition
Launched with a clear mission - redirecting savers' money toward sustainable projects - Green-Got has quickly established itself as one of the most transparent neobanks in the French landscape. Unlike traditional banks that often finance fossil fuel or polluting projects, Green-Got guarantees that every deposited euro exclusively serves to finance projects with positive impact: renewable energy, organic agriculture, and social economy.
This radical transparency, displayed down to the level of each financed project, has attracted a growing community of customers concerned about their money's impact. But Green-Got has never been content with being "just" a green bank with a nice mission.
A License That Changes Everything
Obtaining the Payment Institution license from France's ACPR (Autorité de Contrôle Prudentiel et de Résolution) places Green-Got at the same regulatory level as European fintech giants. This status represents far more than a simple administrative formality.
What is a Payment Institution?
A Payment Institution has authorization to provide payment services autonomously, unlike a simple agent that must go through a third-party establishment. This involves:
- Strict capital requirements
- Enhanced regulatory oversight
- Maximum security guarantees for users
- Increased capacity for innovation
For Green-Got, this status change marks the end of 2.5 years of intensive work with regulators, punctuated by back-and-forth exchanges even in the middle of August. An obstacle course that demonstrates the robustness of their model.
The Invisible Infrastructure That Makes All the Difference
What makes this announcement particularly remarkable is that Green-Got didn't just obtain a license. In parallel, the fintech has built cutting-edge technological infrastructure that makes it exceptionally autonomous:
1. A Proprietary Card Processor
Green-Got is developing its own card processor, a technical feat that few players master. This means they can communicate directly with Visa and Mastercard networks without intermediaries, offering more control, speed, and reliability.
2. Direct Connection to the SEPA Network
With their own BIC (Bank Identifier Code), Green-Got can issue and receive transfers directly, without depending on a banking partner. More control, fewer fees, fewer risks.
3. Custom Core Banking System
The "heart" of any bank: the system that manages accounts, records transactions, calculates balances, and assigns IBANs. By developing their own, Green-Got frees itself from generic solutions and can innovate at will.
What This Concretely Changes for Users
This technological autonomy opens the door to a wave of new features that would place Green-Got above current standards:
- Savings accounts: 100% green savings products
- Deposit remuneration: grow your money while financing the transition
- Business accounts: allow committed companies to join the adventure
- Student offers: democratize sustainable finance among younger generations
- Intelligent management assistance: tools to better understand and optimize your finances
- Eventually, credit: finance personal projects aligned with ecological values
Green-Got also promises a drastic reduction in operational costs thanks to this autonomy, potentially passed on to customer pricing.
A Long-Term Vision Bearing Fruit
In a fintech sector often criticized for its race toward rapid growth at the expense of solidity, Green-Got demonstrates that it's possible to build differently. Obtaining this license validates a patient and rigorous approach:
- Mission first: environmental impact remains at the heart of the project
- Total transparency: each customer knows exactly where their money goes
- Technical excellence: infrastructure at the level of the best European players
- Impeccable compliance: a difficult-to-obtain license that reassures
An Emerging Major Player
With a few more months of construction ahead before full deployment of these new capabilities, Green-Got is preparing to become a key player in European sustainable finance.
The neobank proves that it's possible to combine regulatory requirements, technological excellence, and ecological commitment without compromise. In a context where climate issues and responsible finance are taking on increasing importance, Green-Got is opening a new path: that of a bank that doesn't just "do less harm," but actively builds a financial system serving the ecological transition.
For the loyal community that has supported the project from the beginning, this announcement marks a collective victory. For the French banking sector, it's a strong signal: green finance is no longer a niche, but is becoming a credible alternative that is technically solid and regulatory irreproachable.
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Green-Got continues to operate as an agent during the final months of building its complete infrastructure. New features will be rolled out progressively throughout the year.