Vodeno
PL · Warsaw, Poland · Not applicable (technology provider; uses Aion Bank licence)
Vodeno is a BaaS Provider based in PL (Warsaw, Poland), regulated by Not applicable (technology provider; uses Aion Bank licence). The institution operates an active Banking-as-a-Service program.
Vodeno supports the following products and services: Cards, Accounts, Payments, Lending. The bank serves customers across EEA/Europe.
Notable fintech partners include UniCredit / Aion Bank.
- Products Supported
- CardsAccountsPaymentsLending
- Geographies Served
- EEA/Europe
- Charter / Regulator
- Not applicable (technology provider; uses Aion Bank licence)
- API Standards
- REST
UniCredit / Aion Bank
None confirmed active
Embedded banking platform delivering accounts/IBANs/cards/lending as-a-service using partner bank licence (Aion).
Banxware Raises €10M from UniCredit for Embedded SME Lending
Berlin-based embedded lending platform Banxware secured €10m ($11.4m) in strategic funding from UniCredit. The investment supports a new partnership with UniCredit's BaaS subsidiaries Aion and Vodeno. Banxware will shift to forward flow lending for improved capital efficiency and scalability.
UniCredit Completes Acquisition of Aion Bank and Vodeno for Embedded Finance
UniCredit completed its acquisition of Aion Bank and Vodeno in March 2025, gaining a cloud-based core banking platform for scalable digital and embedded financial services. The deal strengthens UniCredit's BaaS and embedded finance capabilities. Vodeno's technology enables white-label banking products distributed through non-financial brands.
The AA Launches Savings and Loans via NatWest Boxed BaaS Platform
The AA partnered with NatWest Boxed, NatWest's Banking-as-a-Service platform, to launch own-brand instant access savings accounts and personal loans. This marks NatWest Boxed's first known commercial partnership. The savings accounts are expected by end of March 2025, with unsecured personal loans to follow shortly after.
UniCredit Acquires BaaS Platform Vodeno and Digital Bank Aion
UniCredit announced the acquisition of Vodeno, a Banking-as-a-Service platform, and Belgian digital bank Aion Bank. The deal aims to bolster UniCredit's embedded banking capabilities including payments and lending. This acquisition signals major traditional bank interest in owning BaaS infrastructure directly.
NatWest and Vodeno Create Strategic BaaS Partnership
NatWest Group and BaaS provider Vodeno announced a strategic partnership to deliver embedded finance solutions. The collaboration aims to enable NatWest to offer banking-as-a-service capabilities to its business clients. This marks a significant move by a major UK bank into the BaaS space through a dedicated technology partner.
Mastercard Selects Aion Bank and Vodeno for Fintech Express Program
Mastercard chose Aion Bank, powered by the Vodeno Cloud Platform, as a strategic partner for its Fintech Express program in Europe. The partnership enables European fintechs to access cloud-native digital banking services including embedded finance features like decoupled debit, BNPL, and merchant finance. This significantly lowers barriers for fintechs seeking to embed financial services without traditional banking infrastructure.