Payment Institution Licence — France

EU-wide passporting, second-largest EU economy. ACPR regulated. Capital from €20k–€125k. Typical timeline 6–12 months.

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Why France for Your Payment Institution Licence?

France offers access to a large, affluent consumer market and has actively supported fintech growth through regulatory innovation.

France's Autorité de Contrôle Prudentiel et de Résolution (ACPR) regulates payment institutions. France is the EU's second-largest economy with a growing fintech sector.

Licence Requirements

Minimum Capital€20k–€125k
RegulatorACPR
Typical Timeline6–12 months
Key DifferentiatorEU-wide passporting, second-largest EU economy

Detailed Requirements

PSD2 capital requirements. Comprehensive documentation in French typically required. Local substance and governance arrangements expected.

Application Process

1

Regulatory Strategy

We assess your business model and regulatory position to develop a clear licensing strategy.

2

Business Plan

We prepare a comprehensive business plan meeting the regulator's expectations.

3

Programme of Operations

Detailed programme of operations covering governance, compliance, and operational arrangements.

4

Compliance Framework

Full AML/CFT framework, compliance monitoring programme, and risk management policies.

5

Application Submission

We compile and submit the complete application package to the regulator.

6

Regulator Review

We manage all regulator communications and information requests during the review period.

7

Authorisation

Upon approval, we support your transition to live operations.

Process Detail

6 to 12 months. The ACPR applies rigorous assessment standards.

France vs United Kingdom

CriteriaFranceUnited Kingdom
Capital€20k–€125k£20k–£125k
Timeline6–12 months6–12 months
RegulatorACPRFCA
Key FeatureEU-wide passporting, second-largest EU economyUK market access — no EEA passporting post-Brexit

Frequently Asked Questions

The capital requirement for a payment institution licence in France is €20k–€125k. PSD2 capital requirements. Comprehensive documentation in French typically required. Local substance and governance arrangements expected.

The typical timeline for a payment institution licence in France is 6–12 months. 6 to 12 months. The ACPR applies rigorous assessment standards.

France offers access to a large, affluent consumer market and has actively supported fintech growth through regulatory innovation.

After receiving your payment institution licence in France, you must maintain ongoing compliance with regulatory requirements including safeguarding of customer funds, regular regulatory reporting, maintaining adequate capital, updating AML and compliance frameworks, and cooperating with supervisory reviews and inspections.

Most jurisdictions require local substance for a payment institution licence. In France, you will typically need a registered office, at least one locally resident director, and potentially additional operational staff. We can advise on the exact requirements and help you establish the minimum viable local presence.

Yes, a payment institution licence obtained in France provides EU-wide passporting rights across all EEA member states. This allows you to operate across 30 European countries from a single authorisation.