Satchel earns prestigious Top Company 2025 award
We’re proud to announce that Satchel has been recognized with the prestigious Top Company 2025 award. Held by rekvizitai.lt – the database of all registered companies in Lithuania – for the ninth year in a row, the award celebrates organizations that demonstrate exceptional performance across multiple dimensions of business excellence.
The selection criteria are measurable and fact-based, and it places Satchel among only 6% of top profitable, socially responsible, transparent, competitive, and value-driven Lithuanian companies. The recognition of Satchel in these areas reflects our consistent and dedicated approach to financial service excellence.
What this award means
This achievement represents more than just external recognition – it’s a testament to the trust our clients place in us and the dedication of our entire team. From our technical specialists developing API integrations to our Customer Support team providing personalized assistance across 100+ countries, every team member has contributed to this milestone.
Our journey in European fintech
Since our establishment, Satchel has focused on solving real challenges in international finance and payments. Our Multi-Currency Accounts now serve businesses across Europe, enabling effortless transactions in over 20 currencies while avoiding unnecessary exchange fees. Our Banking as a Service solutions help partners expand their financial offerings without license requirements.
What truly differentiates Satchel is our commitment to transparency and innovation. We’ve built a platform where businesses can access global banking services with full visibility, competitive rates, and the reliability they need to grow internationally. This award acknowledges not just our technology, but our approach to building lasting partnerships with our clients.
Innovation that matters
Our extensive API ecosystem enables integration for payment gateways, card issuance, and payment processing. The Satchel card, powered by Mastercard, provides secure daily payment solutions for businesses that transact actively. These innovations aren’t just features – they’re solutions designed around real business needs.
Our Business Accounts provide companies and individuals with unique IBANs that enable effortless European financial operations. Combined with our payment card offerings, businesses gain access to a complete financial ecosystem that simplifies everything from daily transactions to complex multi-currency operations. These unique IBANs aren’t just account numbers—they’re gateways to simplified European commerce, allowing businesses to operate locally while thinking globally.
Our Banking as a Service has enabled partners to provide customized financial solutions to their own clients, complete with transparent reporting and full compliance support. This white-label approach demonstrates our commitment to empowering others’ success, not just our own.
What’s next
While we’re honored by this award, we view it as motivation to continue expanding our capabilities and reach. The European financial service landscape continues to evolve, and we remain committed to leading in international finance management, payment processing, and financial infrastructure.
Satchel CEO, Sergiy Barybin, says: “We are grateful to our clients who trust us with their financial operations, to our partners who extend our reach, and to our team who make it all possible. This award represents our shared commitment to excellence in European fintech.”
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Satchel is a European electronic money institution licensed by the Bank of Lithuania and a Mastercard Europe partner offering advanced finance and payment solutions globally since 2018.
