FINCI vs Satchel: what each publishes
As of October 26, 2026, FINCI takes these industries by its own published rules: AI and SaaS; iGaming, with conditions; Forex and CFD, with conditions; Marketplace, with conditions. Satchel: AI and SaaS; iGaming, with conditions.
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
FINCI
- Argentina
- Armenia
- Australia
- Austria
- Azerbaijan
- Bahrain
- Belgium
- Bosnia & Herzegovina
- Brazil
- Bulgaria
- Canada
- Croatia
- Cyprus
- Czechia
- Denmark
- Estonia
- Finland
- France
- Georgia
- Germany
- Greece
- Hong Kong
- Hungary
- Iceland
- Ireland
- Israel
- Italy
- Japan
- Kazakhstan
- Kosovo
- Kuwait
- Latvia
- Lithuania
- Luxembourg
- Malaysia
- Malta
- Mexico
- Moldova
- Montenegro
- Morocco
- Netherlands
- New Zealand
- Nigeria
- North Macedonia
- Norway
- Poland
- Portugal
- Qatar
- Romania
- Saudi Arabia
- Serbia
- Singapore
- Slovakia
- Slovenia
- South Africa
- South Korea
- Spain
- Sweden
- Switzerland
- Taiwan
- Türkiye
- Turkmenistan
- Ukraine
- United Arab Emirates
- United Kingdom
- United States
- Uzbekistan
Its own list of countries, quoted below with its source and date
Satchel
- United Kingdom
- EU / EEA (western & northern, plus Spain, Italy, Portugal)
- EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)
- Switzerland / Liechtenstein
- United States
- Developed Asia-Pacific
- United Arab Emirates
- Latin America
- Middle East & North Africa
- Africa
- CIS / Central Asia / Caucasus
- Other
The regions its own documents name, read on October 9, 2026
Policy by industry
| Industry | FINCI | Satchel |
|---|---|---|
| AI and SaaS | Yes | Yes |
| iGaming | With conditions | With conditions |
| Forex and CFD | With conditions | Depends on the activity |
| Marketplace | With conditions | No published rule |
| Crypto | Depends on the activity | Depends on the activity |
| Adult | No | No |
| Unlicensed financial services | No | No |
Where owners must live
FINCI
No published rule
Satchel
No published rule
Rules about countries
FINCI
Kindly note that although your company can be registered outside the EEA, it is crucial that your main business activities are connected to the EEA. This connection is necessary for us to assess and consider your business account application.
All countries named (67)
Argentina, Armenia, Australia, Austria, Azerbaijan, Bahrain, Belgium, Bosnia & Herzegovina, Brazil, Bulgaria, Canada, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Georgia, Germany, Greece, Hong Kong, Hungary, Iceland, Ireland, Israel, Italy, Japan, Kazakhstan, Kosovo, Kuwait, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Moldova, Montenegro, Morocco, Netherlands, New Zealand, Nigeria, North Macedonia, Norway, Poland, Portugal, Qatar, Romania, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Türkiye, Turkmenistan, Ukraine, United Arab Emirates, United Kingdom, United States, Uzbekistan
Satchel
Blacklisted Jurisdictions: Afghanistan American Samoa Angola
All countries named (97)
Afghanistan, American Samoa, Angola, Bangladesh, Barbados, Benin, Bolivia, Botswana, Brunei, Burkina Faso, Burundi, Cambodia, Cameroon, Cayman Islands, Central African Republic, Chad, Congo-Brazzaville, Côte d’Ivoire, Cuba, Djibouti, Dominica, DR Congo, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Fiji, Gabon, Gambia, Ghana, Guam, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Iran, Iraq, Jamaica, Kiribati, Kosovo, Kyrgyzstan, Laos, Lebanon, Lesotho, Liberia, Libya, Madagascar, Malawi, Maldives, Mali, Mauritania, Mauritius, Micronesia, Mongolia, Mozambique, Myanmar, Namibia, Nauru, Nicaragua, Niger, Nigeria, Niue, North Korea, Pakistan, Palau, Palestinian Territories, Panama, Papua New Guinea, Russia, Rwanda, Samoa, São Tomé & Príncipe, Senegal, Sierra Leone, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Tajikistan, Tanzania, Timor-Leste, Togo, Tonga, Trinidad & Tobago, Turkmenistan, Turks & Caicos Islands, Tuvalu, U.S. Virgin Islands, Uganda, Vanuatu, Vatican City, Venezuela, Yemen, Zambia, Zimbabwe
Fees
FINCI
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Standard | €50 "Verification of Client's documents" (not returned if FINCI refuses the account) + €15 account opening | €20 a month | · Source |
| Enterprise | €100 "Verification of Client's documents" (not returned if FINCI refuses the account) + €50 account opening | €45 a month | · Source |
| Premium | €1000 "Verification of Client's documents" (not returned if FINCI refuses the account) + €120 account opening | €120 a month | · Source |
Satchel
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| EU tariff | €375 account opening | €35 | · Source |
| Non-EU tariff | €1,075 account opening | €50 | · Source |
Closing an account
FINCI
15.2.2. FINCI has the right to unilaterally and out-of-court terminate the Service agreement without specifying the reasons by notifying the Client thereof 60 (sixty) calendar days (if the Client is not the Consumer - 30 (thirty) calendar days) in advance
Satchel
10.7. Satchel is entitled to terminate relations, including concluded agreements (without any reason) with the Client, with a prior 60 (sixty) days’ notice.
Licence
| Licensee | FINCI | Satchel |
|---|---|---|
| Licensee | Finci, UAB (FINCI) · EMI licensed by the Bank of Lithuania (licence No. 60, authorisation LB001933, valid from 2019-12-05) | SatchelPay, UAB · EMI licensed by the Bank of Lithuania (licence No. 28, authorisation LB000448, valid from 2018-03-06) |
| Regulator | Bank of Lithuania · | Bank of Lithuania · |