Provided in partnership with Iberpay, Valitic is the quickest and easiest way to verify the bank identity details of a counterparty in Spain.
Send to Valitic a query with the name and IBAN to verify, and get the result in a matter of seconds.
As a regulated EMI and SEPA participant, we connect directly to banking network to provide accurate bank ownership.
Never ask a manual document upload again. Our API-based solution provides bank data that will fit perfectly in user flows.
With bulk queries, launch risk assessment campaigns for counter-parties on a recurring basis.
Deliver instant credit experiences, increase loan acceptance while reducing fraud, arrears and defaults.
Increased loan acceptance by 4x and reduced default rate by 8-10%
Get paid and move money your way with a complete suite of pay-in and pay-out options linked to unlimited IBAN accounts.
Offers cost-effective wallet top-up to 45M customers
Save days of backoffice work by automating rent collection, homeowners contributions and property expenses payments
Achieved 15x growth in one year by automating rent & expenses payments
Our customers report up to 60% fraud decrease from users that consent to sharing their bank details via account access.
We are regulated entities by the French and Spanish banking supervisors and duly authorized to access account data through PSD2 APIs. We are also an indirect participant to the SEPA network.
In addition to high-growth start-ups, our customers include 10+ global banks such as BNP Paribas, Societe Generale, BPCE Group or Banco Azteca.
Yes. Valitic covers every entity in the Spanish banking system — approximately 88 million payee accounts, representing 99% of all Spanish bank accounts. The verification matches an IBAN against the account holder’s tax identification number (NIF, CIF or NIE) and returns an instant OK/KO response, typically in under one second.
Valitic is powered by Iberpay, the entity that manages Spain’s National Electronic Clearing System (SNCE). Verification is performed against official banking infrastructure — not a third-party database or scraping — ensuring the data is always current and authoritative. Powens connects directly to Iberpay via API.
Yes. Powens’ Valitic integration supports both individual and batch queries through the same API, making it suitable for bulk onboarding, periodic database cleanup, or mass payment validation. You can verify multiple IBANs in a single batch request.
No. Unlike Open Banking-based verification, Valitic requires no user interaction whatsoever. You submit the IBAN and the holder’s tax ID (NIF/CIF/NIE), and the system returns a match or mismatch in under one second. This makes it ideal for background checks, back-office validation, and recurring verification of existing customers.
Valitic is used across lending (confirming the borrower’s IBAN before loan disbursement), payments (preventing fraud on account-to-account transactions), and property management (verifying tenant bank details for rent collection). It is particularly valuable when processing high volumes of Spanish IBANs or when user interaction needs to be minimised.