Vodeno

Vodeno is a Banking-as-a-Service provider founded in Poland in 2018, with offices in Poland, Belgium, Spain and the UK. Its core product is the Vodeno Cloud Platform, an API-first core banking system built from scratch and running entirely on Google Cloud.

Vodeno pairs that technology with regulatory cover: through its sister institution Aion Bank, which holds a full banking licence supervised by the National Bank of Belgium and can passport across EU markets, clients launch regulated financial products without obtaining a licence of their own. The modular offering covers digital onboarding and account management, local and cross-border payments, Mastercard card issuing, savings and investment products, embedded lending, BNPL and merchant financing, plus compliance and risk tooling and white-label mobile applications. UniCredit completed its acquisition of Vodeno in March 2025.

1. Vodeno Cloud Platform: fully API-based, cloud-native core banking running on Google Cloud.

2. Full EU banking licence accessed via Aion Bank, supervised by the National Bank of Belgium, with branches in Poland, Germany and Sweden.

3. Modules: onboarding, accounts, instant and cross-border payments, Mastercard issuing, embedded lending, BNPL, merchant financing, savings and investments.

4. More than 500 compliance controls built into the platform.

5. Over 90 third-party fintech services integrated into a single offering.

6. METRO Financial Services runs a full Vodeno stack: decoupled debit card, BNPL up to 60 days or 48 instalments, up to 1% cashback and employee cards.