Banking · Retail bank
Shine: online business account for freelancers and small companies in France
French professional neobank authorised as a payment institution and acting as an agent of an electronic money institution. Designed for freelancers and small companies established in France; it is not a bank.
Please note
Characteristics
- Family
- Retail bank
- Regulator
- Autorité de contrôle prudentiel et de résolution
- Regulator country
- France
- Deposit guarantee
- No
- Remote opening
- Yes
- Currencies
- EUR
- Services
- Current account · Payment card · International transfers
- Accepted residencies
- Not provided
- Refused residencies
- Not provided
- Home country
- France
The eligibility conditions (country of registration, residence of the company director) were not found on an official page.
Entities and regulatory status
| Entity | Jurisdiction | Status | Regulator | Protection of funds |
|---|---|---|---|---|
| Shineholds the accountAuthorised as a payment institution under this number and as a payment services agent of the electronic money institution Treezor; exact corporate name and parent group not identified. | France | Payment or e-money institutions | ACPRLicence 71758 | |
| TreezorgroupElectronic money institution of which Shine is an agent. | France | Payment or e-money institutions | ACPR |
Who can open or keep an account
| Country of residence | Case | Status | Conditions |
|---|---|---|---|
| France | Opening | Unknown | Offer aimed at French businesses; exact conditions not identified. |
A country missing from this table is neither accepted nor refused: the information is not published.
Published figures
- Account feeNot provided
- Brokerage feeNot provided
- Deposit guarantee ceilingNot provided
- Entry ticketNot provided
Which entity, which status
According to the legal notices on its website, Shine is authorised by the ACPR as a payment institution under number 71758, and also acts as a payment services agent of the electronic money institution Treezor (Shine website legal notices). The set-up therefore combines two non-bank statuses.
The REGAFI record was not consulted, and Shine's current shareholder group is not stated on the page that was read.
Who can open an account
Shine is aimed at business founders, micro-entrepreneurs and small companies, with content focused on French law.
The documents required, whether a foreign company can open an account, and the situation of a director living outside France were not identified.
Account, card and currencies
The account is held in euros, with a card and SEPA transfers; monthly plans are tiered according to needs.
Fee schedule, payment and withdrawal limits: not included, as no dated pricing document was read.
Protection of funds
As a payment institution and agent of an electronic money institution, Shine does not take bank deposits: the applicable rule is the safeguarding (ring-fencing) of customers' funds, not deposit guarantee.
The pages consulted do not describe the safeguarding method used or the institution holding the safeguarded funds.
Points to check
- The entity that holds the funds (Shine or Treezor) depending on the product, as stated in the contract.
- The conditions that apply if the director moves their residence outside France.