Aion Bank

Belgian digital bank. UniCredit bought it in March 2025. Still a bank.

Rate this app

6.9Mixed
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Our take

Desk verdict

Aion was a Belgian bank. UniCredit closed the purchase of Aion Bank and Vodeno on 7 March 2025. That is an acquisition, not a graveyard tomb. Confirm the name on the IBAN. Do not open it from India.

Aion Bank SA/NV grew out of Banca Monte Paschi Belgio, rebranded 2019, sold a subscription digital bank plus BaaS via Vodeno. UniCredit paid €376m for both. The live consumer site now sits with UniCredit Belgium. This desk keeps the Aion name because that is what people search.

Aion Bank lists Belgian credit institution (now UniCredit group) under NBB / ECB in Belgium. On safeguarding we currently write: Belgian deposit guarantee up to €100,000 on eligible deposits at the credit institution. Holder / issuer line: Aion Bank SA/NV — UniCredit group (confirm live brand on the statement). An AML programme is claimed. Local bank details (IBAN / sort code / equivalent) are part of the pitch. We list 3 live markets on the product. As we score the sticker: monthly Subscription-style packs historically — confirm live UniCredit tariff; FX Bank tariff; ATM Pack-dependent. This desk would open it for: Belgium residents who already hold the Aion / UniCredit digital IBAN and want to know the licence survived.

What it does well: Credit institution; €100k scheme; Acquisition is not a wind-down. What to watch: Brand is in transition; Subscription history annoyed users; Not a travel FX winner. Desk score 6.9 / 10 (safety 8.0, fees 6.8, features 7.0, app 7.2). Last verified 2026-08-28. Headquartered in Brussels, Belgium; founded 2019. None of this is advice — it is a file so you can read the entity before the card colour.

Best for: Belgium residents who already hold the Aion / UniCredit digital IBAN and want to know the licence survived.

Pros

  • +Credit institution
  • +€100k scheme
  • +Acquisition is not a wind-down
  • +SEPA IBAN

Cons

  • Brand is in transition
  • Subscription history annoyed users
  • Not a travel FX winner
  • Support during migration

Account facts

Platforms
iOS · Android · Web
Account types
Personal · business current
Partner bank
Aion Bank SA/NV — UniCredit group
Minimum balance
€0
Lowest monthly fee
Confirm live UniCredit tariff
Who can open
Belgium residents (and live EU markets)
Availability
Belgium and select EU

How it actually works

Custody
Issued / held via Aion Bank SA/NV — UniCredit group (confirm live brand on the statement)
Local rails
IBAN / SEPA
Built for
Personal · Business
Settlement
Local rails instant where live; SWIFT slower
Review risk
Fintech reviews can pause inbound while they check a transfer
Pay surface
mastercard · physical · virtual · Apple Pay · Google Pay

Safety

Belgian deposit guarantee up to €100,000 on eligible deposits at the credit institution

Holder / issuer: Aion Bank SA/NV — UniCredit group (confirm live brand on the statement)

  • NBB / ECBBelgian credit institution (now UniCredit group) · Belgium

Fees

Monthly
Subscription-style packs historically — confirm live UniCredit tariff
FX markup
Bank tariff
ATM
Pack-dependent

Features

  • IBAN
  • Fee-free core
  • Multi-currency
  • Apple Pay
  • Google Pay
  • Virtual card
  • Physical card
  • Metal card
  • Crypto
  • Stocks
  • Business
  • Kids
  • Halal
  • Belgian IBAN
  • App-first current account
  • BaaS heritage (Vodeno)
  • Now UniCredit-owned

Score

Safety25%
8.0
Fees20%
6.8
Features15%
7.0
App15%
7.2
Global15%
5.2
Support10%
6.2

Change log

Full log
  1. Status

    UniCredit closed the purchase of Aion Bank and Vodeno

    Belgian credit institution acquired, not wound down. Confirm the live brand on the IBAN. Still a bank.

FAQ

Is Aion Bank a bank?+

Aion Bank is not a licensed deposit-taker in the classic sense. Money, if any, sits with Aion Bank SA/NV — UniCredit group (confirm live brand on the statement).

How is money protected?+

Belgian deposit guarantee up to €100,000 on eligible deposits at the credit institution

Where is Aion Bank available?+

We list 3 market desks on the desk. Residency and onboarding rules still sit with Aion Bank.

Card and wallets?+

mastercard · physical · virtual · Apple Pay · Google Pay

Ratings and reviews

No published user reviews yet. The desk score still comes from licence, fees, and the product — not from a empty star average.

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Stars plus a short note. We publish after a desk read. “Verified user” is our tick, not yours.

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