Accounts for regulated iGaming businesses
Account opening time
14 days
iGaming industry challenges
International iGaming companies face significant challenges in managing their financial operations, as traditional banking systems have imposed high fees and restrictions on such businesses. This has been particularly problematic for companies needing to seek gaming licenses in jurisdictions like Anjouan and Curacao, which have started issuing such licenses around early 2000s.
iGaming companies can be susceptible to the following operational challenges:
- Difficulty in getting banking services due to perceived high risk
- Demanding regulatory requirements for popular jurisdictions like Anjouan and Curacao
- Rigid fees imposed by traditional banking systems
- Inefficient processes for managing international transactions
- Lack of digital asset support
Satchel solutions
Understanding the nature and needs of the iGaming business, Satchel offers a full set of financial solutions tailored exactly to serve the iGaming industry:
Expected outcomes
By integrating Satchel solutions, iGaming companies can achieve the following results:
How to get started
Fill out KYC/KYB forms
Submit required documents for compliance verification
Confirm iGaming license
Provide IDs, VBOs, and the source of funds
Open a business account with Satchel – get EU IBAN right away
Open additional accounts (if needed) in 20+ currencies
Order corporate cards for managing expenses, payroll, etc.
Explore digital asset on-ramp/off-ramp services