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Satchel – Everything you need to know

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Features, Benefits and How it Works

Satchel, based in Lithuania, is a digital financial platform that provides multi-currency accounts for both personal users and businesses.

As a licensed electronic money institution (EMI), it allows users to open European IBAN accounts, facilitating international money transfers and offering prepaid debit cards. Satchel specializes in providing seamless cross-border payment services, enabling users to manage transactions in multiple currencies.

This makes it ideal for individuals and businesses dealing with global payments, as they can easily access foreign exchange services and manage their finances in a secure, digital environment.

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Founded: 2017

Headquarters: Vilnius, Lithuania

Users: unknown

Countries available: European Economic Area (EEA)

Account plans: multi-currency accounts for personal users and businesses

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