Neobank Licensing in Georgia — Payment-Service Registration
A neobank — a digital financial service operating without physical branches — functions in Georgian law under the status of a payment-service provider, and the legal path to its launch is defined by the Law on Payment Systems and Payment Services. This page explains the three layers: registration with the National Bank and capital requirements, the "significant provider" status and its additional duties, and the consumer-funds regime — the rules that safeguard a neobank clients' money. Every figure and requirement comes directly from the text of the law.