Regulatory Compliance Made Simple with Zitadelle AG

Looking to register a Small Payment Institution (SPI) in the UK? Zitadelle AG offers expert assistance with the FCA SPI registration process — helping you navigate regulatory requirements with precision, speed, and strategic insight.

Why Apply for an SPI License in the UK?

An FCA-registered Small Payment Institution allows you to provide regulated payment services in the UK with fewer capital requirements than an Authorised Payment Institution (API). It's the ideal route for startups and smaller fintechs looking to scale with regulatory approval.

Key benefits:

• No initial capital requirement

• Fast-track access to the UK’s financial services market

• Ability to process payment transactions up to €3 million per month

• Gateway to future FCA authorisation as your business grows

Key Requirements for FCA SPI Registration

To successfully register as a Small Payment Institution, your business must demonstrate:

UK Physical Presence

• Registered Office in the UK

• Operational Office with Employees on the Ground

• 'Mind and Management' Located in the UK — key decision-makers, including the CEO and MLRO, must reside in the UK

Competent Management

Your management team must possess the right mix of skills, knowledge, and experience:

• A UK-based CEO with operational control

• An experienced MLRO familiar with UK AML and KYC compliance standards

• All directors and shareholders must meet FCA fit and proper criteria

Regulatory and Operational Compliance

• Implementation of robust AML/KYC frameworks

• Strong IT systems for secure and compliant payment operations

• Clear internal policies and procedures tailored to your business model

Zitadelle AG – Your UK SPI Licensing Partner

We provide end-to-end support to ensure a smooth SPI application process, from initial consultation to final FCA approval. Our services include:

Stage 1: Suitability & Readiness Assessment

• Business plan review

• Evaluation of management competence and operational setup

Stage 2: Application Preparation

• Completion of the full SPI application form

• Drafting of policies for safeguarding, security, transaction monitoring, complaints handling, and fraud prevention

• Preparation of controller and individual forms for key persons and shareholders

Stage 3: Submission to the FCA

• Filing of your complete application with the Financial Conduct Authority

• Coordination of regulatory fee payments

• Handling of correspondence and queries

Stage 4: Ongoing FCA Liaison

• Support with follow-up questions

• Assistance in drafting responses

• Liaising with the assigned FCA Case Officer

Final Outcome: FCA Registration

Once approved, your firm will be listed on the FCA Register as a regulated Small Payment Institution.

Why Choose Zitadelle AG?

• Specialists in FCA applications and UK financial licensing

• Proven track record of successful SPI registrations

• Full policy drafting and review tailored to your business model

• Fixed and transparent pricing

Project Timeline

Start Your UK SPI License Application Today

Position your fintech business in one of the world's most reputable financial hubs. Partner with Zitadelle AG for strategic regulatory support and seamless SPI application preparation.

📞 Book your free consultation today