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Mistertango vs Satchel: what each publishes

As of October 17, 2026, Mistertango takes these industries by its own published rules: Crypto, with conditions; iGaming, with conditions; Adult, with conditions; Unlicensed financial services, with conditions; Forex and CFD, with conditions; Marketplace, with conditions. Satchel: AI and SaaS; iGaming, with conditions.

MistertangoBank of LithuaniaSatchelBank 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

Mistertango

  • 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

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

Mistertango and Satchel: published policy by industry
IndustryMistertangoSatchel
AI and SaaSNo published ruleYes
CryptoWith conditionsDepends on the activity
iGamingWith conditionsWith conditions
AdultWith conditionsNo
Unlicensed financial servicesWith conditionsNo
Forex and CFDWith conditionsDepends on the activity
MarketplaceWith conditionsNo published rule

Where owners must live

Mistertango

No published rule

Satchel

No published rule

Rules about countries

Mistertango

No published rule

Satchel

Blacklisted Jurisdictions: Afghanistan American Samoa Angola

Satchel · Refuses companies or owners from · · Source
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

Mistertango

Mistertango: published fees
PlanAccount openingMonthlyChecked
Standard PlanNot stated; the account must keep a minimum balance of EUR 500 ('Minimum balance EUR 500')EUR 39 a week, billed weekly, for a monthly turnover up to EUR 100,000 · Source
Scale PlanNot stated; the account must keep a minimum balance of EUR 500 ('Minimum balance EUR 500')EUR 99 a week, billed weekly, for a monthly turnover of EUR 100,000 or more · Source

Satchel

Satchel: published fees
PlanAccount openingMonthlyChecked
EU tariff€375 account opening€35 · Source
Non-EU tariff€1,075 account opening€50 · Source

Closing an account

Mistertango

17.3.1 Mistertango may terminate the Agreement by giving the Client at least 14 days’ notice, unless mandatory law requires a longer period or a shorter period is justified under the Agreement or law.

Notice before closing · · Source

Account closed or frozen? What Mistertango’s terms say

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.

Notice before closing · · Source

Account closed or frozen? What Satchel’s terms say

Licence

LicenseeMistertangoSatchel
LicenseeSecure Nordic Payments, UAB (Mistertango) · EMI licensed by the Bank of Lithuania (licence No. 11, authorisation LB000412, valid from 2017-07-13)SatchelPay, UAB · EMI licensed by the Bank of Lithuania (licence No. 28, authorisation LB000448, valid from 2018-03-06)
RegulatorBank of Lithuania · Bank of Lithuania ·