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ConnectPay vs NexPay: what each publishes

As of October 17, 2026, ConnectPay takes these industries by its own published rules: AI and SaaS; Marketplace; iGaming, with conditions. NexPay: Crypto, with conditions; iGaming, with conditions; AI and SaaS, with conditions; Forex and CFD, with conditions.

ConnectPayBank of LithuaniaNexPayBank of Lithuania

Not a ranking: the two names are in alphabetical order. The free check applies every provider’s rules to your own answers.

Where it takes companies from

ConnectPay

  • EU / EEA (western & northern, plus Spain, Italy, Portugal)
  • EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)

The regions its own documents name, read on October 9, 2026

NexPay

Its own list of countries, quoted below with its source and date

Policy by industry

ConnectPay and NexPay: published policy by industry
IndustryConnectPayNexPay
AI and SaaSYesWith conditions
MarketplaceYesNo published rule
CryptoDepends on the activityWith conditions
iGamingWith conditionsWith conditions
Forex and CFDNo published ruleWith conditions
AdultNoSources disagree
Unlicensed financial servicesNoNo

Where owners must live

ConnectPay

No published rule

NexPay

No published rule

Rules about countries

ConnectPay

Prohibited Jurisdictions Country Country-Code Afghanistan AF Belarus BY

ConnectPay · Refuses companies or owners from · · Source

Afghanistan, Belarus, Burundi, Central African Republic, Cuba, DR Congo, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, North Korea, Palestinian Territories, Russia, Somalia, South Sudan, Sudan, Syria, Tunisia, Venezuela, Yemen, Zimbabwe

NexPay

Which countries does Nexpay work with? If your company is incorporated in any of the countries listed below, you are eligible to apply for an account opening:

NexPay · Takes companies registered in · · Source
All countries named (92)

Andorra, Australia, Austria, Belgium, Bermuda, Bhutan, Brazil, Bulgaria, Canada, Chile, China, Cook Islands, Croatia, Curaçao, Cyprus, Czechia, Denmark, Estonia, Eswatini, Finland, France, Georgia, Germany, Greece, Grenada, Guernsey, Honduras, Hong Kong, Hungary, Iceland, India, Ireland, Isle of Man, Israel, Italy, Japan, Jersey, Kazakhstan, Kuwait, Latvia, Liechtenstein, Lithuania, Luxembourg, Macao, Madagascar, Malaysia, Malta, Moldova, Monaco, Montenegro, Nepal, Netherlands, New Zealand, Niger, North Macedonia, Norway, Papua New Guinea, Peru, Poland, Portugal, Romania, San Marino, São Tomé & Príncipe, Saudi Arabia, Serbia, Singapore, Sint Maarten, Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, Spain, St Lucia, St Pierre & Miquelon, St Vincent & the Grenadines, Suriname, Sweden, Switzerland, Taiwan, Timor-Leste, Togo, Tunisia, Turkmenistan, Turks & Caicos Islands, Tuvalu, Ukraine, United Kingdom, United States, Uruguay, Vatican City, Zambia

Fees

ConnectPay

ConnectPay: published fees
PlanAccount openingMonthlyChecked
Corporate TreeFree to open ('Account opening Free of charge') on a standard application; ConnectPay sets the tier at onboarding and may charge EUR 500 at its discretion for an enhanced documentation review, typically to validate source of wealth or check a multilayered ownership or a trust ('analysis of multilayered ownership structures')EUR 9.50 a month minimum monthly service: payment and card fees count towards it and only any shortfall is charged; no separate maintenance fee ('Account maintenance Free of charge'); prices exclude VAT · Source
Corporate ForestFree to open ('Account opening Free of charge') on a standard application; ConnectPay sets the tier at onboarding and may charge EUR 500 at its discretion for an enhanced documentation review, typically to validate source of wealth or check a multilayered ownership or a trust ('analysis of multilayered ownership structures')EUR 295 a month minimum monthly service: payment and card fees count towards it and only any shortfall is charged; no separate maintenance fee ('Account maintenance Free of charge'); on any day the closing balance is EUR 50,000 or more, a holding fee of EUR 0.04 for each thousand euros held; prices exclude VAT · Source
Corporate JungleFree to open ('Account opening Free of charge') on a standard application; ConnectPay sets the tier at onboarding and may charge EUR 1000 at its discretion for an enhanced documentation review, typically to validate source of wealth or check a multilayered ownership or a trust ('analysis of multilayered ownership structures')EUR 490 a month minimum monthly service: payment and card fees count towards it and only any shortfall is charged; no separate maintenance fee ('Account maintenance Free of charge'); on any day the closing balance is EUR 50,000 or more, a holding fee of EUR 0.06 for each thousand euros held; prices exclude VAT · Source

NexPay

NexPay: published fees
PlanAccount openingMonthlyChecked
Basic+EUR 1000 account opening fee plus a EUR 500 document processing fee, non-refundable, both one-off; EUR 1000 more for a company with no account at another bank or EMI, and EUR 1000 for each extra layer of shareholdingEUR 200-400 a month, depending on the products and services chosen · Source
PremiumEUR 1000 account opening fee plus a EUR 500 document processing fee, non-refundable, both one-off; EUR 1000 more for a company with no account at another bank or EMI, and EUR 1000 for each extra layer of shareholdingEUR 1250-1450 a month, depending on the products and services chosen · Source
EnterpriseEUR 1000 account opening fee plus a EUR 500 document processing fee, non-refundable, both one-off; EUR 1000 more for a company with no account at another bank or EMI, and EUR 1000 for each extra layer of shareholdingCustom ('The pricing is negotiated and compiled individually for each applicant') · Source

Closing an account

ConnectPay

13.2. Without prejudice to item 13.5 below, ConnectPay shall be entitled to unilaterally terminate these Terms and Conditions or any of the Service Agreements and refuse to provide the Services by specifying an objective and important reason of termination by giving a 60 (sixty) days’ written notice

Notice before closing · · Source

Account closed or frozen? What ConnectPay’s terms say

NexPay

10.1.5. For other reasons, Nexpay shall have the right to terminate the Agreement by giving notice prior at least 30 (thirty) calendar days.

Notice before closing · · Source

Account closed or frozen? What NexPay’s terms say

Licence

LicenseeConnectPayNexPay
LicenseeUAB ConnectPay · EMI licensed by the Bank of Lithuania (authorisation LB000440, valid from 2018-01-16)UAB NexPay · EMI licensed by the Bank of Lithuania (authorisation LB000428, valid from 2017-10-10)
RegulatorBank of Lithuania · Bank of Lithuania ·