Bankera
Bankera is a Lithuania-licensed electronic money institution offering multi-currency IBAN accounts, Visa/Mastercard cards, and modular fintech infrastructure (BaaS, white-label, card issuing, payment gateway) to consumers, SMBs, high-risk industries, and fintechs across the EEA.
- Company typePrivate
- Founded2017
- HeadquartersVilnius, Lithuania
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Bankera does
Bankera is a Vilnius-headquartered electronic money institution operating under Pervesk UAB's EMI license (No. 17) from the Central Bank of Lithuania, with Era Finance Ltd acting as its registered agent. Founded in 2017, it provides multi-currency IBAN accounts, Visa/Mastercard debit cards, SEPA/SWIFT payment rails, business loans, and an integrated payment gateway to individual consumers, SMBs, high-risk industries (crypto exchanges, iGaming, PSPs), fintechs, and corporate clients across the EEA. The platform is accessed through self-serve web and mobile apps, with services explicitly not offered in the United States or other restricted jurisdictions.
The company's product portfolio spans three layers: direct banking (Personal and Business accounts with tiered pricing for conventional EEA, non-EEA, and high-risk verticals); B2B infrastructure (White-Label Banking, Banking-as-a-Service, Card Issuing, BIN Sponsorship, Virtual IBANs); and payment acceptance (Payment Gateway with card, bank, and crypto settlement). Bankera is a principal member of both Visa and Mastercard, enabling in-house card issuance, tokenization for Apple Pay/Google Pay, and BIN sponsorship. APIs (Account, Merchant, Open Banking, Card Issuing) are exposed for developer and partner integration, and the SpectroCoin crypto wallet/exchange operates as an ecosystem partner for crypto-friendly flows.
Bankera generates revenue through a mix of recurring account maintenance fees (subscription), transaction-based fees (SEPA, SWIFT, FX, ATM, card payments), tiered application fees (69–900 EUR), interest income on business loans, white-label/BaaS licensing, and payment-gateway take rates. Distribution combines product-led self-serve onboarding, API-first developer marketing, enterprise sales with dedicated account managers, and a referral partnership program with commissions. Following a ~$119M ICO in November 2017 and the February 2018 acquisition of Pacific Private Bank, the company has continued to extend its product surface and geographic marketing footprint across European, Middle Eastern, and Asian fintech events.
Bankera firmographics
Firmographics- Name
- Bankera
- Legal name
- Pervesk UAB
- Website
- https://bankera.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Bankera is a Lithuania-licensed electronic money institution offering multi-currency IBAN accounts, Visa/Mastercard cards, and modular fintech infrastructure (BaaS, white-label, card issuing, payment gateway) to consumers, SMBs, high-risk industries, and fintechs across the EEA.
- Ownership category
- akta.pro rank
Bankera industry classification
Industry- Product category
- Digital Banking / Electronic Money Institution
- NAICS
- Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (522180)
- SIC
- Functions Related To Depository Banking, Nec (6099), Finance Services (6199)
- akta.pro primary industry
- BaaS Platforms & Sponsor Bank Enablement (FSAGALAA)
- akta.pro secondary industries
- Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG), Stored Value Ledger / Wallet Infrastructure (Non-Bank) (FSAMANAM), Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE), Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK)
Keywords
Where Bankera is headquartered
LocationHeadquarters
- HQ city
- Vilnius
- HQ country
- Lithuania
- HQ region
- Europe
Offices1 record
Markets served
Bankera business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Others, Marketing or Sales, Infrastructure
Revenue model
- Account Maintenance Fees: Monthly subscription fees for personal and business accounts. Personal accounts range from 8.99 EUR (EEA/UK) to 12.99 EUR (non-EEA). Business accounts include 5 EUR monthly maintenance plus tiered application fees.
- Transaction Fees: Fees charged for outgoing transfers including SEPA (0.2-0.5 EUR), SWIFT (0.25-0.5% with min/max), internal transfers (0.5 EUR), and FX conversions. Incoming transactions are generally free.
- Card Services: Revenue from card issuance fees, delivery charges (FREE to 60 EUR), renewal/replacement fees (12 EUR), ATM withdrawals (2.5-3%), and payment fees for non-EUR transactions.
- Business Account Tiers: Tiered pricing for business accounts based on industry risk: Business (69 EUR application), Business+ (450 EUR, higher transfer fees for high-risk industries), and Premium (900 EUR, custom pricing for crypto exchanges, iGaming, PSPs).
- Business Loans: Interest-bearing loans for businesses with amounts from 2,000 EUR, interest rates from 0.5% monthly, and maturities of 1-60 months. Revenue generated through interest payments.
- Banking-as-a-Service (BaaS): White-label and BaaS solutions for fintech companies wanting to embed financial services. Includes Accounts-as-a-Service, Payments-as-a-Service, and Cards-as-a-Service modules.
- White-Label Banking: Complete white-label banking solutions where Bankera provides infrastructure, compliance, and licensing while partners provide branding. Launch in 2-4 months with minimal capital requirements.
- Card Issuing Services: Card issuance infrastructure for businesses to issue Visa and Mastercard debit, virtual, prepaid, and co-branded cards to their clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Personal Account - EEA and UK residents |
| Subscription | Monthly | Personal+ Account - Non-EEA residents |
| Subscription | Monthly | Business Account - EEA/UK conventional industries |
| Subscription | Monthly | Business+ Account - Non-EEA/high-risk industries |
| Subscription | Monthly | Premium Account - Crypto exchanges, iGaming, PSPs |
| Transaction based/ take rate | Pay-as-you-go | Business Card Fees - EEA/UK conventional |
| Outcome Based/ Performance | Monthly | Business Loans |
Go-to-market motion4 records
Distribution channels5 records
Marketing channels5 records
Bankera product offering
Product offeringCore offering
Bankera operates as a licensed electronic money institution providing multi-currency personal and business IBAN accounts, Visa/Mastercard debit cards, business loans, a multi-currency payment gateway (including crypto), and corporate solutions such as company formation and licensing support. On top of these direct services, it sells fintech infrastructure — White-Label Banking, Banking-as-a-Service, Card Issuing, BIN Sponsorship, Virtual IBANs, and REST APIs — to other businesses.
Product overview
Bankera is a Lithuanian electronic money institution offering a multi-product fintech platform. The core offering consists of Personal and Business IBAN accounts with associated Visa/Mastercard debit cards. The platform provides three distinct solution layers: (1) Direct banking services including personal accounts, business accounts, corporate cards, and business loans; (2) B2B infrastructure solutions including White-Label Banking (full branded launch in 2-4 months), Banking-as-a-Service (modular APIs), Card Issuing, BIN Sponsorship, and Virtual IBANs; (3) Payment processing via Payment Gateway supporting cards, bank transfers, and cryptocurrency. The ecosystem also includes SpectroCoin for cryptocurrency services. APIs include Account API, Merchant API, Open Banking API, and Card Issuing API.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Account
- Business Account
- Personal Visa Debit Card
- Business Visa Debit Card
- Business Loans
- Corporate Solutions
- White-Label Banking
- Banking-as-a-Service (BaaS)
- Card Issuing
- BIN Sponsorship
- Virtual IBANs
- Payment Gateway
- Account API
- Merchant API
- Open Banking API
- Card Issuing API
Companies that use Bankera
Customer profileSegments5 records
Ideal customer profiles4 records
Bankera technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature8 records
Bankera partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- SpectroCoincoreSpectroCoin is part of the Bankera ecosystem, providing cryptocurrency wallet and exchange services. Bankera accounts can send and receive funds from SpectroCoin and other cryptocurrency exchanges, enabling seamless integration between traditional banking and cryptocurrency services.
- Pervesk UABcorePervesk UAB is the electronic money institution authorized by the Central Bank of Lithuania (Licence No. 17) that provides the regulatory framework for Bankera's operations. Era Finance Ltd operates as a registered agent of Pervesk UAB.
- VisacoreBankera is a principal member of the Visa network, enabling the issuance of Visa debit and credit cards to Bankera clients. This partnership supports physical cards, virtual cards, and tokenized cards for Apple Pay and Google Pay.
- MastercardcoreBankera is a principal member of the Mastercard network, enabling the issuance of Mastercard debit and credit cards with full network support including contactless payments and digital wallet integration.
Scale indicators1 record
Recent moves6 records
Expansion highlights6 records
Bankera competitors and assessment
Company assessmentDirect peers
- Paysera: Lithuanian licensed e-money institution offering multi-currency IBANs, payment processing, and merchant services across Europe — a direct regional peer to Bankera with overlapping retail and SMB banking, multi-currency, and payment-gateway offerings.
- Modulr: UK-based Payments Services / E-Money Institution providing BaaS infrastructure (accounts, payments, cards) to fintechs and businesses — overlapping with Bankera's API-first BaaS, Account API, and white-label positioning.
- bunq: Netherlands-based licensed neobank offering multi-currency accounts, business banking, and consumer cards across the EEA — competing for the same individual and SMB customer segments that Bankera targets with its Personal and Business IBAN accounts.
- Marqeta: US card-issuing platform offering a modern card-processing API with BIN sponsorship, tokenisation, and Just-In-Time funding — overlapping directly with Bankera's Card Issuing, BIN Sponsorship, and Card Issuing API products.
- Treezor: French electronic money institution licensed by ACPR providing BaaS, payment account, and card-issuing infrastructure to fintech clients — comparable to Bankera's EMI-led BaaS and BIN sponsorship stack.
- Currencycloud: Visa-owned cross-border payments infrastructure provider offering multi-currency wallets, FX, and payment APIs to fintechs and banks — comparable to Bankera's multi-currency IBAN, Account API, and cross-border payment-orchestration capabilities.
- Stripe Issuing: Stripe's embedded card-issuing API enabling platforms to create and manage virtual and physical cards — competing with Bankera's Card Issuing API and Merchant API for developer-led fintech customers.
- Wise (formerly TransferWise): Global multi-currency account and cross-border payments platform offering personal and business multi-currency IBANs, debit cards, and API infrastructure — directly comparable to Bankera's multi-currency IBAN and SWIFT/SEPA proposition.
- Solaris SE: Berlin-based Banking-as-a-Service platform offering white-label banking, card issuing, lending, and KYC infrastructure to fintechs and corporates across Europe — directly competing with Bankera's BaaS, card-issuing, and white-label product lines.
Broad incumbents
- Revolut: Global digital banking super-app with full UK banking licence offering multi-currency accounts, business accounts, card issuing, and BaaS-style APIs for fintechs — a much larger incumbent overlapping with Bankera's consumer, business, and BaaS lines.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Bankera social profiles
Digital presenceBankera compliance and trust
Trust signalCompliance1 record
Bankera financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bankera leadership team
Management profileNumber of profiles
Profiles4 records
Bankera subsidiaries and ownership
Company hierarchySubsidiaries1 record
Bankera funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bankera M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bankera
What does Bankera do?
Bankera operates as a licensed electronic money institution providing multi-currency personal and business IBAN accounts, Visa/Mastercard debit cards, business loans, a multi-currency payment gateway (including crypto), and corporate solutions such as company formation and licensing support. On top of these direct services, it sells fintech infrastructure — White-Label Banking, Banking-as-a-Service, Card Issuing, BIN Sponsorship, Virtual IBANs, and REST APIs — to other businesses.
Is Bankera a public or private company?
Bankera is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Bankera founded?
Bankera was founded in 2017. It employs 101 to 250 people.
Where is Bankera based?
Bankera is headquartered in Vilnius, Lithuania, in the Europe region.
How does Bankera make money?
Eight revenue lines are on record. Account Maintenance Fees are the primary driver. The others are transaction Fees, card Services, business Account Tiers, business Loans, banking-as-a-Service (BaaS), white-Label Banking and card Issuing Services.
Who are Bankera's main competitors?
Direct peers on record are Paysera, Modulr, bunq, Marqeta, Treezor, Currencycloud, Stripe Issuing, Wise (formerly TransferWise) and Solaris SE. Revolut is listed as a broad incumbent.
Does Bankera have an API?
Yes. Bankera offers multiple APIs for different use cases: Account API for viewing balance, statements, and making SEPA/SWIFT/internal payments including mass payments; Merchant API for accepting debit/credit card payments, bank payments via payment initiation, and alternative payment methods; Open Banking API for account information services (AISP) and payment initiation services (PISP); Banking-as-a-Service API for opening accounts for clients, processing payments, and issuing cards; Card Issuing API for issuing Visa and Mastercard cards with Apple Pay and Google Pay support. Developer documentation is at bankera.com/api-documentation.
What industry is Bankera in?
Bankera's product category is Digital Banking / Electronic Money Institution. Its primary akta.pro industry code is FSAGALAA, BaaS Platforms & Sponsor Bank Enablement, with a secondary code of FSAMAIAG, Multi-Currency Accounts, Wallets & IBAN Services. Its NAICS code is 5221 and its SIC code is 6099.