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Satchel

Satchel

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Description

SatchelPay: Leading EMI for iGaming & Digital Banking Solutions

SatchelPay, UAB, operating as Satchel, is a prominent European Electronic Money Institution (EMI) headquartered in Vilnius, Lithuania. Established in 2018, SatchelPay is licensed and supervised by the Bank of Lithuania, providing comprehensive digital banking and payment infrastructure solutions on a global scale. As a principal member of Mastercard Europe for card issuance, SatchelPay acts as a vital bridge for businesses seeking European IBANs and efficient cross-border payment capabilities without requiring a physical presence in the EU.

Empowering High-Growth Sectors with BaaS

SatchelPay's business model is built around advanced "Banking-as-a-Service" (BaaS) and "White Label" solutions. These offerings enable other companies to swiftly launch their own financial products and services, leveraging SatchelPay’s robust, licensed infrastructure. The firm strategically targets high-growth sectors, providing a scalable and agile alternative to traditional banking:

  • iGaming payments
  • E-commerce
  • Fintech

Comprehensive Payment & Digital Banking Solutions

SatchelPay provides tailored payment solutions designed to meet the complex needs of modern digital businesses, emphasizing regulatory compliance and operational efficiency. Key offerings include:

  • European IBANs: Facilitating access to SEPA and SWIFT networks.
  • Cross-border Payment Solutions: Efficient multi-currency transactions for global operations.
  • Card Issuance: Direct Mastercard principal membership for custom card programs.
  • Remote Onboarding: Streamlined digital processes for quick client integration.
  • Digital Banking Features: Tools for account management and transaction monitoring.
  • Regulatory Compliance: Adherence to EU financial regulations as an EMI.

Why Partner with SatchelPay?

Businesses choose SatchelPay for its commitment to transparent pricing, innovative technology, and a deep understanding of regulated industries like iGaming. The platform provides a secure and scalable foundation for financial operations, enabling partners to expand their reach and enhance their service offerings.

Get Started with SatchelPay

Explore how SatchelPay can enhance your business's financial operations and regulatory compliance. Contact our team today to discuss tailored payment solutions and BaaS partnerships

Products & Services

  • Multi-Currency Business Accounts

    The core offering includes accounts with unique European IBANs (LT) that support transactions in 38+ currencies. This service enables businesses worldwide to manage SEPA and SWIFT payments, hold multiple balances, and execute currency exchanges through a single digital platform.

  • Banking-as-a-Service (BaaS) & White Label

    A "turnkey" solution that allows institutional clients (like neobanks or credit unions) to offer branded banking services. Satchel provides the underlying license, regulatory compliance (KYC/AML), and technical core, enabling partners to issue their own accounts and cards under their own brand.

  • Card Issuance (Mastercard)

    As a principal member of Mastercard, the entity provides physical and virtual payment cards for both business and personal use. These cards feature 3D Secure technology and can be managed directly via the Satchel mobile app, supporting worldwide ATM withdrawals and online purchases.

  • iGaming & High-Risk Industry Solutions

    The organization specializes in financial infrastructure for the iGaming sector, offering compliant banking for operators with licenses from jurisdictions like Curaçao and Anjouan. They provide dedicated support for complex payout flows and regulatory reporting specific to the gambling industry.

  • Fintech Consulting & Licensing Support

    Beyond software, the firm offers strategic consultancy for startups, assisting with business plan development, PI/EMI licensing applications, and the design of compliant risk management policies to help new projects go to market faster.

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