ConnectPay is a fast-growing Fintech in Europe. Founded in 2017 and is licensed by the Lithuanian (one of the hottest Fintech hubs in Europe) regulator. They're focused on corporate clients mostly. Simple onboarding process.
DynaPay is a European provider of intelligent and flexible solutions for your business in the field of financial technologies. They offer a variety of services including acquiring, online payment, payment card processing, issuing electronic money, and much more.
Pricing: Not provided
Genome is another business-focused Fintech in Europe, licensed in Lithuania. They've been on the market for around 3 years. They also work with personal accounts and have very accessible support.
GlobalNetInt is a safe, smart and multifunctional system which provides a full One-Stop Payment Solutions. GlobalNetInt was established in Vilnius, Lithuania and founded in 2017 by banking experts with an aim to bring most convenient payment services at acceptable prices via all technology channels.
Pervesk has proven to be a good option for fast on-boarding for personal accounts. Pervesk UAB is a licensed Electronic Money Institution based in Lithuania and regulated by the Bank of Lithuania.
SatchelPay is another option for South-Africans to set up their online bank (IBAN) account in Europe. The on-boarding process is fully online. Serves both personal and business accounts.
Headquartered in Lithuania, DSBC supports merchants and individuals around Europe with sending and spending money overseas, collecting money from global customers, moving cash between international subsidiaries and managing exposure to currency fluctuations. The company is regulated in Europe, but the team seems to be a majority Vietnamese. As with any financial decision, do your due diligence.
These are 8 options for South-Africans to open a Fintech (bank) account in Europe. Share the article and leave us comments on what you think on the provided banking options. You can always provide more viable options to the readers!
Read why it makes sense to open an account abroad.