Strengthening the bond: Satchel is BC Rytas’s silver sponsor for two more seasons
We’re excited to announce that Satchel is continuing to be a proud silver sponsor of BC Rytas, extending our partnership with Vilnius’s premier basketball club for another two seasons. This represents more than just a sponsorship agreement – it’s a testament to the shared values and meaningful impact we’ve built together over the years.
More than basketball: Building inclusive communities
What makes our partnership with BC Rytas truly special is our shared commitment to creating positive change in our community. Together, we’ve demonstrated that the power of sports extends far beyond the court, reaching into the lives of those who need support the most.
“When we talk about long-term partnership, we first emphasize trust and shared values. Sergiy and his Satchel team have not only supported the club financially for years but also actively participate in our social initiatives – this shows the true meaning of our bond,” says BC Rytas director, Jaroslav Latušinskij. “Partners who see the bigger picture and genuinely care about the community become the real support. Together with them, we can achieve much more – not only on the basketball court but also in society.”
Making a real difference: Together Against Exclusion
One of our most impactful collaborative efforts this year was the “Together Against Exclusion” initiative. In a special masterclass at Active Vilnius arena, the entire BC Rytas team came together with students from Vilnius Verkiai School – multifunctional center and the members of the Mirabilia association which unites people with disabilities.
The event was a powerful reminder of sport’s ability to unite people from all walks of life. Young people with disabilities, their families and teachers had the opportunity to play alongside professional athletes, experience the spirit of basketball firsthand, and feel they were a part of the BC Rytas family. It wasn’t just a one-off event, more a part of our ongoing commitment through BC Rytas’s broader “Together Against All” social campaign as well as consistent socially responsible actions of Satchel.
Photo: Indrė Cibulskaitė
A partnership built on purpose
For Satchel CEO Sergiy Barybin, this represents something deeper than a traditional corporate sponsorship:
“Our partnership has grown into a sincere, value-based community. I am grateful to Jarolsav Latušinskij and Darius Gudelis for the opportunity to be a part of BC Rytas’s history. Satchel and BC Rytas are united not only by professionalism and ambitious goals: we believe that sports can become a bridge connecting different communities, and together we will continue to consistently create an environment where no one is left behind.”
Where we’re headed
As we embark on another two seasons with BC Rytas, we’re investing in our community’s future. Through sport, social initiatives, and shared values, we’re proving that businesses can be forces for positive change while achieving their goals. Sergiy Barybin adds: “I invite all local businesses of the capital to join in the support and invest into the future of Vilnius basketball as well as building a closer-knit society.”
This partnership perfectly aligns with the Satchel mission to break down barriers in financial services, just as we work together to break down barriers in our communities. Whether we’re making financial services more accessible across 100+ countries or creating inclusive experiences in Lithuanian basketball, our commitment remains the same: ensuring no one is left behind.
BC Rytas is Vilnius’s premier professional basketball organization, competing at the highest level of Lithuanian basketball while also representing Lithuania on the international stage in the Basketball Champions League.
Satchel is one of Europe’s fastest-growing electronic money institutions, licensed by the Bank of Lithuania and awarded Top Company 2025. Satchel provides secure payments and daily financial services for clients in over 100 countries.
