Almaviva and Fabrick awarded framework agreement by ECB to build the official Digital Euro mobile app, supporting SDKs/APIs and EU-wide integration under a €153 million contract.
Highlights
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Almaviva SpA and Fabrick SpA won top rank in an ECB tender to develop the app and software development kit (SDK)/APIs for the digital euro.
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The framework agreement is worth up to €153 million, initially for four years, with possible extension up to ten.
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The app will enable European citizens to use the digital euro via smartphones, tablets, or smartwatches, with uniform, secure features, while also allowing third-party payment providers to integrate through the SDKs/APIs.
Summary :
The European Central Bank (ECB) has selected Almaviva SpA and Fabrick SpA to develop the app and supporting technical infrastructure (SDKs and APIs) for the proposed Digital Euro. Under a framework contract valued up to €153 million, this joint venture is tasked with building a mobile-friendly application that will allow citizens across the EU to make digital euro payments on smartphones, tablets, and smartwatches.
The agreement runs initially for four years, during which use cases will be gradually rolled out. If extended, the contract can last up to ten years to provide full functionality, broad usage support, and maintenance. The project forms part of the ECB’s preparation phase toward launching the digital euro, subject to legislation (the Digital Euro Regulation) and further Governing Council decisions. The digital euro is intended to complement cash, not replace it, with a strong emphasis on inclusivity, security, and interoperability within the EU payments ecosystem.
