What DiPocket does

DiPocket is a B2B Payments-as-a-Service provider operating a turnkey white-label card issuing and funds disbursement platform for European financial institutions, lenders, employers, and event organizers. The company holds dual Electronic Money Institution authorizations — from the UK Financial Conduct Authority (#900439) and the Bank of Lithuania (#75) — and principal membership of both Visa and Mastercard, enabling it to offer BIN sponsorship, tokenized and non-tokenized card issuing, and IBAN issuance across 15 European markets. The platform comprises six core product lines (Funds Disbursement, Loan Disbursement, Employee Benefits, BIN Sponsorship, Gift Cards, and Cashless Events) backed by a PSD2 Open Banking API and direct participation in SEPA, SWIFT, UK Faster Payments, Visa Direct, and Mastercard Send. Multi-currency capability spans EUR, USD, GBP, PLN, RON, CZK, and HUF, with integrations into Apple Pay, Google Pay, and several wearable payment platforms (Garmin Pay, Xiaomi Pay, Zepp Pay, Fidesmo, Tappy).

DiPocket serves 100+ B2B clients including lenders (SuperGrosz, Miloan, netcredit), insurers (Groupama, Signal Iduna), employee benefit platforms (Up-givve), tax refund providers (Global Blue), cryptocurrency platforms (Nexo), and trading apps (XTB). The XTB multi-currency card launched in October 2024 across Portugal and Czech Republic with planned European expansion, illustrating the platform's ability to power branded consumer-facing card products at scale. Distribution is exclusively advisory-led direct enterprise sales, with clients either embedding DiPocket's infrastructure under their own brand or integrating via APIs.

Revenue is generated through transaction fees on card issuing and disbursement, licensing royalties from BIN sponsorship, and managed services fees for fully outsourced card program delivery. Pricing is not publicly disclosed; business contracts are negotiated directly. The company employs approximately 100 people across offices in London and Vilnius, was founded in 2015, and has disclosed one funding round of $7.1M from GB & Partners in November 2020. Ownership, investor composition beyond GB & Partners, and detailed financials are not publicly available.

Name

DiPocket

Legal name

DiPocket UAB and DiPocket Limited

Website

https://dipocket.org

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

DiPocket is a UK- and Lithuania-regulated Electronic Money Institution offering white-label Visa and Mastercard card issuing, multi-currency disbursement, and BIN sponsorship to lenders, financial institutions, insurers, and corporates across 15 European markets.

Ownership category

akta.pro rank

Product category

Payment Infrastructure (Card Issuing-as-a-Service)

NAICS

Nondepository Credit Intermediation (5222), Activities Related to Credit Intermediation (5223)

SIC

Miscellaneous Business Credit Institution (6159), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Corporate Cards & Spend Controls (FSAGAJAF)

akta.pro secondary industries

Lending & Credit Disbursements (FSAMAKAH), Cross-Border B2B2C Payouts (Mass Payouts, Gig/Creator, Marketplace) (FSAGAKAC), A2A Payment Initiation Service Providers (PISPs) (FSAMAFAB)

Keywords

• White-label card issuing
• Funds disbursement platform
• BIN sponsorship
• Prepaid card programs
• Payment-as-a-service

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Card Issuing Services: Revenue generated from providing white-label card issuing infrastructure to B2B clients including lenders, employers, and financial institutions. Fees likely include setup, transaction processing, and ongoing service charges.
2. BIN Sponsorship: Revenue from sponsoring financial institutions and fintechs that want to issue payment cards under DiPocket's scheme membership without obtaining their own principal membership.
3. API and Managed Services: Revenue from B2B clients integrating via APIs or using fully managed card issuing and disbursement solutions.
4. Card Program Partnerships: Revenue from issuing payment cards on behalf of partners like XTB, where DiPocket acts as the licensed issuer under its Mastercard license.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

DiPocket is a B2B Payments-as-a-Service provider that delivers turnkey white-label card issuing and funds disbursement solutions to financial institutions, lenders, employers, and event operators. Leveraging its dual EMI licensure (UK FCA and Bank of Lithuania) and principal membership of Visa and Mastercard, the company enables clients to launch branded physical and virtual card programs with multi-currency disbursement, BIN sponsorship, spend controls, and PSD2 APIs across 15 European markets without building their own issuing infrastructure.

Product overview

DiPocket is a turnkey white-label card issuing and funds disbursement platform operating as a B2B Payments-as-a-Service provider. The platform consists of six integrated product lines: Funds Disbursement for payroll and expense payouts, Loan Disbursement for lenders, Employee Benefits for corporate reward programs, BIN Sponsorship for financial institutions, Gift Cards for single or reloadable card programs, and Cashless Events for event payment solutions. All products share a common infrastructure layer supporting branded virtual and physical Mastercard and Visa cards, real-time transaction monitoring, configurable spend controls, and PSD2 open banking API integration. The company serves B2B clients across European markets, enabling them to launch card programs without building their own issuing infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Funds Disbursement White-label card-issuing and payment solution enabling organizations to streamline disbursements for payroll, expense management, gift incentives, and clinical trial participant rewards. Includes an administrative portal for the client organization and branded interfaces for cardholders with full spend control and real-time visibility.
• Loan Disbursement White-label card issuing and virtual payment solution for lenders to issue loans rapidly via pre-paid physical or virtual cards with client branding, distributed to recipients in multiple countries and local currencies, with spend restrictions, category code controls, and real-time transaction data for default prevention.
• Employee Benefits Multi-fund disbursement solution enabling corporate organizations to reward staff and pay bonuses via physical or virtual branded gift cards, supporting tax-efficient bonus payments up to EUR 2,000 in certain jurisdictions, with configurable spending restrictions and merchant category limitations.
• BIN Sponsorship Turnkey outsourcing solution enabling financial institutions to enrich their offerings with branded payment cards and virtual IBAN numbers without obtaining their own Bank Identification Number. DiPocket sponsors clients as Associate Members, enabling launch in approximately 3 months with access to SEPA, SWIFT, ACH, Moneysend, and Visa Direct payment capabilities.
• Gift Cards Single-load or reloadable gift cards for customer gifting, employee rewards, product rebates, refunds, and travel delay compensation. Cards can be restricted to specific outlets and product ranges with optional commission from participating merchants, or used anywhere via Mastercard and Visa acceptance.
• Cashless Events Mobile card issuing and top-up solution for large-scale cashless events, using standard vPOS terminals on Mastercard and Visa infrastructure, with branded virtual and physical cards, wristbands or bracelets, real-time top-ups for participants, and automatic reconciliation.
• PSD2 Open Banking API Open Banking API supporting AIS (Account Information Services) and PIS (Payment Initiation Services) for compliant access to payment accounts under PSD2 regulation, enabling developers to integrate with DiPocket's payment infrastructure for account information and payment initiation.

Quantifiable outcome

• Launch card programs in 3 months through BIN sponsorship vs. longer timelines for independent scheme membership
• +2 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered core.

• XTBcoreOEM/ Whitelabel/ Licensing Partner · 2 October 2024XTB launched a multi-currency virtual debit card and mobile wallet in its app, initially available in Portugal and Czech Republic. The card is issued under a Mastercard license by DiPocket UAB, supports seven currencies (EUR, USD, GBP, PLN, RON, CZK, HUF), and can be added to Apple Pay and Google Pay wallets. The launch is part of XTB's strategy to become Europe's leading investment super-app.
• VisacoreTechnology or IntegrationPrincipal membership of Visa enabling BIN sponsorship, card issuing, and access to Visa Direct for push payments.
• MastercardcoreTechnology or IntegrationPrincipal membership of Mastercard enabling BIN sponsorship, card issuing, and access to Mastercard Send for push payments.
• Apple PaycoreTechnology or IntegrationMobile wallet integration allowing DiPocket cards to be added to Apple Pay for contactless payments.
• Google PaycoreTechnology or IntegrationMobile wallet integration allowing DiPocket cards to be added to Google Pay for contactless payments.
• SEPAcoreTechnology or IntegrationDirect participation in Single Euro Payments Area for European payment processing.
• SWIFTcoreTechnology or IntegrationMember of SWIFT for international money transfer messaging and cross-border payments.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Marqeta: Public US-listed card-issuing platform providing API-driven issuing infrastructure for fintechs and corporates. Closest direct competitor to DiPocket's BIN sponsorship and white-label issuing model, with broader geographic reach and significantly larger scale.
• Wallester: European EMI offering white-label card issuing, BIN sponsorship, and payment solutions across EEA markets. Very similar business model to DiPocket and competes head-to-head in European issuing-as-a-service.

Broad incumbents

• Galileo Financial Technologies: Owned by Fiserv, Galileo is one of the largest issuing and processing platforms globally, offering card issuing, BIN sponsorship, and program management. Comparable core functionality to DiPocket, with far greater scale and US footprint.
• Stripe Issuing: Stripe's embedded card-issuing product enabling businesses to create and manage virtual and physical cards. Directly comparable in API-first card issuing model, though part of Stripe's broader payments ecosystem.

Emerging players

• Pliant: European fintech providing API-based card issuing and credit card infrastructure for B2B clients. Comparable embedded finance approach, focused on European corporate card programs.
• Banked: European open banking and payments API platform offering payment initiation, account information, and card-issuing-adjacent services. Overlaps with DiPocket's PSD2 AIS/PIS offering.
• Railsr (formerly Wirecard UK): European embedded finance platform offering card issuing, banking-as-a-service, and lending infrastructure. Comparable white-label B2B model, though rebuilding after the Wirecard collapse.
• Swan: European Banking-as-a-Service provider offering payment accounts, card issuing, and SEPA payment infrastructure. Overlaps with DiPocket's BIN sponsorship and disbursement products from a BaaS angle.

Regional players

• Treezor: French-licensed EMI offering payment account issuance, card issuing, and BIN sponsorship primarily for the French market. Comparable regulated EMI business model with a more geographic focus.

Others

• Thredd: Card processing platform partner of DiPocket. Thredd provides the underlying processing infrastructure for many fintech card programs globally, making it a partner and adjacent ecosystem player rather than a direct competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/9404818

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DiPocket