Digital-only lender Jet Bank begins operations in Albania

Jet Bank has started operating as a digital-only bank in Albania and has released its mobile application.

The lender is licensed and supervised by the Bank of Albania.

It received its banking licence in March 2026 as a newly established institution rather than through an acquisition and began operations a few months later.

The bank technology platform was built entirely on Backbase's AI-native Banking OS.

The bank was developed without legacy code, with a team of 70 professionals completing the work in six months.

Backbase CEO Jouk Pleiter said: "Launching a licensed bank with such a small team in a matter of months would have been unthinkable until recently. Jet Bank did it by building on one AI-native foundation instead of the patchwork of legacy systems that many banks are still untangling - so customers, employees and, in time, AI agents all operate from a unified frontline rather than a dozen disconnected channels. This is what building for the AI era from day one looks like."

Before the launch, more than 75,000 people had joined the waiting list. Users who registered are now being invited in stages to activate their accounts.

Customers can open and manage accounts remo

Fuente original: Yahoo Finance (https://finance.yahoo.com/technology/ai/articles/digital-only-lender-jet-bank-113116920.html)