Company overview

AI research

A source-linked overview of the company's activities based on public information.

SatchelPay UAB is an electronic money institution licensed by the Bank of Lithuania and operating as Satchel. It provides remotely opened personal and business accounts with European IBANs, SEPA and SWIFT transfers, multi-currency payments, physical and virtual Mastercard cards, and payment-infrastructure solutions.

Primary activity

Electronic money institution Digital payments

Products and services

Business and personal accounts with European IBANs SEPA, SEPA Instant and SWIFT transfers Physical, virtual and white-label Mastercard cards

Markets

Companies, small businesses and freelancers European and international payments customers

Sources

Bank of Lithuania: SatchelPay, UAB SatchelPay, UAB: Digital banking and payment solutions SatchelPay, UAB: Business account SatchelPay, UAB: Payment infrastructure SatchelPay, UAB: Payment cards

Researched: 23 August 2026 · Confidence: High · This overview was prepared by AI. Verify important claims with the linked primary sources.

Registry information

Company code: 304628112
Legal form: Private Limited Liability Company
Status: No legal proceedings
Registered: 31 August 2017
Municipality: Vilniaus miesto
Registered office: Vilnius, Upės g. 21-1, LT-08128
Office registered since: 11 December 2025
Office data updated: 7 August 2026

Insolvency proceedings

Official AVNT company bankruptcy and restructuring data. Administrator identities and contact details are not shown.

Active proceeding: No
Proceedings on record: 0

VAT information

VAT registered: Yes
VAT number: LT100011708215
VAT registered on: 27 May 2025
Of which overdue: €0

Primary activity

EVRK code: 661900
Primary activity: Not provided
Employees: 53 (2026-06)
Average wage: €4,251

Participant structure

Only aggregate participant counts are published, without personal data.

Total participants: 1
Lithuanian natural persons: 0
Lithuanian legal persons: 0
Foreign natural persons: 1
Foreign legal persons: 0
Has foreign participants: Yes

Online presence

A website and its published information are shown only after its link to the legal entity is verified.

No verified company website has been found yet.

Tax and public procurement

A summary of taxes paid from VMI and contracts published by the Public Procurement Office.

Taxes paid year to date: €1,098,790
Reporting period: June 2026
Public contracts: 0
Total contract value: —
Latest contract: —

Licences and permits

Currently valid documents from the official Licences Information System.

Leidimas įrengti išorinę reklamą
Document No. A635-1135/25Valid from: 25 November 2025Valid until: 24 November 2030
Open source
Elektroninių pinigų įstaigos licencija
Document No. 28Valid from: 6 March 2018
Open source

Financials

Key figures from the company's filed annual financial statements.

Year	Revenue	Profit before tax	Net profit	Total assets	Equity
2024	€8,532,728	€1,207,654	€1,035,756	€60,274,157	€2,332,410
2023	€3,745,905	€66,089	€25,791	€36,472,849	€996,654
2022	€2,514,349	-€87,722	-€86,807	€27,606,260	€450,313
2021	€1,520,373	-€163,792	-€146,695	€11,840,357	€457,120
2020	€1,004,052	-€163,167	-€156,102	€7,380,275	€603,815
2019	€532,675	-€81,486	-€88,427	€3,106,857	€425,319

Filed: 15 April 2025

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Sources: State Enterprise Centre of Registers, VMI, Sodra and the Public Procurement Office. Website ownership is checked against .lt domain data and legal-entity details published on the website. Open data is licensed under CC BY 4.0.