Security features that keep your money safe
Satchel operates under a European EMI license issued by the National Bank of Lithuania, that ensures the safety of your funds at all times.
Segregated accounts
Under our EMI license, Satchel is obliged to keep clients’ money in a separate account with the National Bank of Lithuania. This way we guarantee the security of your funds storage.
Cloud infrastructure
Our decentralized security protocols ensure the full protection of user data from potential threats. Every time you're interacting with Satchel application and perform any operations, you can be certain that the your funds and personal data are under the solid protection.
Two-factor Authentication
Extra layer of security with two-factor authentication process greatly reduces the possibility of unauthorized access to your personal data. Even if your password gets compromised, it still not enough to break into your Satchel account.
Anti-fraud measures
Employing specialized software and setting up special procedures, we can efficiently detect and prevent any dangerous activity that can potentially negatively affect our system.