Memo Bank is a French credit institution for small and medium-sized companies and mid-sized firms with high transaction volumes. Its business services include SEPA credit transfers and direct debits, international transfers, multi-currency business accounts, company payment cards, financing and an API for payments. The services are offered to companies rather than to private customers.
The company is registered in Paris as Memo Bank SA, is licensed as a credit institution by the European Central Bank and is supervised by the French prudential authority ACPR. The pages reviewed do not name a majority shareholder. They also do not state where customer data is hosted, so this should be put to the bank directly. As an EU-licensed bank, Memo Bank is subject to EU banking supervision, which makes it a European option for companies that want their banking relationship under EU supervision.