Fintech Lab
FintechLab is a Lithuania-based SaaS provider of a modular white-label banking platform serving payment institutions, e-money issuers, challenger banks, forex firms, and crypto exchangers across Europe. It combines core banking, payments, KYC/AML, and licensing consulting under a single API-driven stack.
- Company typePrivate
- Founded2018
- HeadquartersVilnius, Lithuania
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Fintech Lab does
FintechLab Group UAB is a Lithuania-based private SaaS provider (headquartered in Vilnius, DBA "Fintech Trendsetter") that delivers a modular white-label banking platform to regulated financial institutions. Its core product is a cloud-based banking engine comprising front-end online and mobile banking, a back-office management system with compliance/KYC modules, and an extensive integration layer connecting to SEPA, Faster Payments, SWIFT, TARGET2, CentroLINK, Onfido, Refinitiv, Currency Cloud, Mastercard, and other third-party service providers. The platform supports payment institutions, e-money issuers, challenger/fintech banks (with 31-country European passportation and a 1M EUR capital entry point), forex firms, and crypto exchangers/lenders. Complementary offerings include the Euro SEPA Gateway (cross-border EUR payments), the SatchelPay e-invoicing system, a Crypto Platform, white-label deployment, and consulting services for PSD2 compliance, banking licensing, and scheme memberships (Visa/MasterCard, SWIFT, PCI DSS).
The business model combines subscription-based SaaS licensing of the banking platform, professional services for licensing and compliance advisory, and freemium/premium e-invoicing via SatchelPay. Go-to-market is enterprise-direct (consulting-led sales through the licensing process) combined with an OEM/embedded white-label model where clients rebrand the platform under their own identity. Pricing is quote-based, undisclosed publicly, and structured around multi-year contracts. Revenue diversification spans at least four streams — core SaaS licensing, consulting, crypto solutions, and freemium e-invoicing — with the customer base exclusively institutional and concentrated in European and select crypto-friendly jurisdictions (Estonia, Gibraltar, Isle of Man).
Fintech Lab firmographics
Firmographics- Name
- Fintech Lab
- Legal name
- FintechLab Group UAB
- Website
- https://thefintechlab.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- FintechLab is a Lithuania-based SaaS provider of a modular white-label banking platform serving payment institutions, e-money issuers, challenger banks, forex firms, and crypto exchangers across Europe. It combines core banking, payments, KYC/AML, and licensing consulting under a single API-driven stack.
- Ownership category
- akta.pro rank
Fintech Lab industry classification
Industry- Product category
- Banking-as-a-Service Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Functions Related To Depository Banking, Nec (6099), Finance Services (6199)
- akta.pro primary industry
- Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)
- akta.pro secondary industries
- Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK), Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN), Tokenization, Network Vaults & Credential Management (FSAGABAF)
Keywords
Where Fintech Lab is headquartered
LocationHeadquarters
- HQ city
- Vilnius
- HQ country
- Lithuania
- HQ region
- Europe
Offices1 record
Markets served
Fintech Lab business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Banking Platform SaaS Licensing: Subscription-based SaaS licensing of the white-label banking platform to financial institutions, payment institutions, e-money issuers, banks, forex companies, and crypto exchangers. The platform is constantly updated with new functionalities provided to licensed clients.
- Consulting Services: Professional consulting services including PSD2 regulation assistance, financial license application support, SEPA/Faster Payments/SWIFT/TARGET2 membership fast-track, Visa/MasterCard direct license support, and PCI DSS certification assistance.
- Crypto Solutions: Off-the-shelf crypto-lending platform and crypto-exchanger solutions with consulting for licensing in Estonia, Gibraltar, and Isle of Man.
- E-Invoicing (SatchelPay): Free online invoicing system with premium features; white-label solutions offered to corporate clients with large bill volumes and financial institutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Banking Platform - Enterprise Licensing |
| Freemium | Pay-as-you-go | E-Invoicing (SatchelPay) - Free Tier |
| Subscription | Multi-year contract | White-Label Solution |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Fintech Lab product offering
Product offeringCore offering
Fintech Lab provides a modular, cloud-based SaaS banking platform (Banking Platform) that enables financial institutions, payment institutions, e-money issuers, challenger banks, forex companies, and crypto exchangers to launch and operate digital banking services under their own brand. The platform bundles online and mobile banking, back-office management, KYC/AML compliance, multi-currency payment infrastructure (SEPA, Faster Payments, SWIFT, TARGET2, CentroLINK), card processing, an E-invoicing module, and a Euro SEPA Gateway, supplemented by consulting services for licensing and PSD2 compliance.
Product overview
FintechLab offers a modular SaaS banking platform (Banking Platform as the core product) designed to help financial institutions, fintechs, and challenger banks build and operate digital banking services. The platform consists of the main Banking Platform with online/mobile banking and back-office management, supplemented by specialized modules including Payment Infrastructure (cross-border payments via SEPA/Faster Payments/SWIFT), Euro SEPA Gateway, Crypto Platform, E-invoicing System, and Management Back-Office (including KYC/AML compliance tools, card management, and reporting). The company also provides Consulting Services for licensing and PSD2 compliance, and White-Label Banking solutions for companies seeking to offer branded banking services without building from scratch. All components share a common API architecture and are designed to work together as an integrated ecosystem.
Differentiator
Problem solved
Functional benefit
Products and services
- Banking Platform Modular SaaS banking engine providing online and mobile banking with dozens of built-in features, back-office for client management, hundreds of APIs with third-party providers, fast onboarding, PSD2-compliant security, and AML/risk scoring for payment institutions, banks, and fintech companies.
- Payment Infrastructure Cross-border payment platform for financial institutions and money service operators offering instant EUR payments and SEPA Direct Debit via CentroLINK, instant GBP via Faster Payments, SWIFT/TARGET2 connectivity, and worldwide payouts in 30+ currencies across 150 countries; supports unique IBANs in EUR and GBP and multi-currency IBANs with cheap FX exchanges.
- Euro SEPA Gateway Specialized payment gateway for SEPA credit transfers and SEPA Direct Debit processing with instant EUR payment capabilities for European financial institutions.
- Crypto Platform Off-the-shelf platform for crypto lending companies and crypto exchangers providing automated KYC verification, AML scoring, SWIFT integration, and API connections to major crypto-exchangers, including crypto payments processing for online merchants.
- Consulting Services Professional consulting covering PSD2 regulation compliance, banking license applications, SEPA/Faster Payments/SWIFT/TARGET2 scheme membership fast-track, direct Visa/MasterCard licensing support, PCI DSS certification assistance, and licensing process consulting in Estonia, Gibraltar, and Isle of Man.
- Office Security Services Preparation of physical office and desktops for employees with cyber security features including installation of remote desktops and VPN, secured IP telephony, encrypted internal messenger and servers, and CCTV setup for safe fintech operations.
- E-invoicing System (SatchelPay) Online invoicing platform offering unique IBAN per customer, customised branded invoice creation, instant invoice delivery via SMS/email/links, payment by cards or bank transfers in 10 currencies, an iPhone app, and white-label/API automation for high-volume invoice issuers and financial institutions.
Quantifiable outcome
- 60% of invoices paid within 1 hour
- +2 more outcomes
Companies that use Fintech Lab
Customer profileSegments5 records
Ideal customer profiles4 records
Fintech Lab technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration15 records
AI capability5 records
Feature10 records
Fintech Lab partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core.
- Telia LietuvacoreIn summer 2019, FintechLab established a partnership with Telia Lietuva, a Lithuanian telecom, IT and TV service provider. The partnership involved placing digital equipment with Telia for hosting FintechLab's technological resources. This cooperation was strategic for successful financial services provision and improved FintechLab's operation and facilities.
- OndatocoreIntegration partner for identity verification and KYC solutions. Ondato provides user verification flow functionality integrated into the FintechLab platform for seamless customer onboarding and compliance.
- OnfidocoreIntegration partner for automated KYC verification and identity document checks. Onfido's technology is used within the AML & Compliance Module for customer identity verification.
- RefinitivcoreIntegration partner providing compliance and risk data services. Refinitiv's solutions support the AML module with screening against sanctions and PEP lists.
- KnowYourCustomercoreIntegration partner for KYC compliance solutions supporting customer due diligence and AML requirements within the platform's compliance module.
- MastercardcoreCard network partner providing payment card processing capabilities and direct licensing support for card issuing programs.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Fintech Lab competitors and assessment
Company assessmentPeers
Direct peers
- Mambu: Berlin-based composable core banking SaaS platform used by neobanks, lenders, and fintechs worldwide to assemble deposit, lending, and payment products. Closely comparable on the SaaS core-banking layer, with broader geographic footprint and significantly larger scale.
- Thought Machine: London-based cloud-native core banking technology provider whose Vault platform powers challenger and incumbent banks globally. Competes directly for FintechLab's "digital banking engine" use case among banks and large EMIs, with deeper engineering resources.
- Banking Circle: Luxembourg-based payments bank providing multi-currency accounts, SEPA/Faster Payments/SWIFT connectivity, and cross-border payment infrastructure. Direct competitor on payment-rail services and also a named integration partner of FintechLab, blurring partner/peer lines.
- 10x Banking: UK cloud-native core banking platform serving challenger banks and financial institutions. Competes with FintechLab's Banking Platform for the same European bank and EMI customers seeking modern core systems.
- Solaris SE: Berlin-based European Banking-as-a-Service platform offering white-label banking, payments, cards, and lending infrastructure under its own EMI and banking licenses. Direct competitor in the EU bank-license-as-a-service category, with deeper venture backing but similar geographic and customer targets.
- Currency Cloud (Visa): London-based cross-border payments and FX infrastructure provider (owned by Visa) offering multi-currency IBANs and treasury APIs. Comparable on FX/multi-currency capabilities; also a listed integration partner for FintechLab's payment infrastructure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Fintech Lab social profiles
Digital presenceFintech Lab compliance and trust
Trust signalCompliance4 records
Fintech Lab financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fintech Lab leadership team
Management profileNumber of profiles
Fintech Lab funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fintech Lab M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fintech Lab
What does Fintech Lab do?
Fintech Lab provides a modular, cloud-based SaaS banking platform (Banking Platform) that enables financial institutions, payment institutions, e-money issuers, challenger banks, forex companies, and crypto exchangers to launch and operate digital banking services under their own brand. The platform bundles online and mobile banking, back-office management, KYC/AML compliance, multi-currency payment infrastructure (SEPA, Faster Payments, SWIFT, TARGET2, CentroLINK), card processing, an E-invoicing module, and a Euro SEPA Gateway, supplemented by consulting services for licensing and PSD2 compliance.
Is Fintech Lab a public or private company?
Fintech Lab is a private company. It is classified as unknown and is currently operating.
When was Fintech Lab founded?
Fintech Lab was founded in 2018. It employs 11 to 50 people.
Where is Fintech Lab based?
Fintech Lab is headquartered in Vilnius, Lithuania, in the Europe region.
How does Fintech Lab make money?
Four revenue lines are on record. Banking Platform SaaS Licensing is the primary driver. The others are consulting Services, crypto Solutions and E-Invoicing (SatchelPay).
Who are Fintech Lab's main competitors?
Treezor (Société Générale) is listed as a peer. Direct peers are Mambu, Thought Machine, Banking Circle, 10x Banking, Solaris SE and Currency Cloud (Visa).
Does Fintech Lab have an API?
Yes. FintechLab provides a banking platform with extensive API connectivity enabling integration with payment networks (SEPA, Faster Payments, SWIFT, TARGET2, CentroLINK), KYC/identity verification providers (Onfido, WorldCheck, Accuity, KnowYourCustomer, Jumio), and forex services. The API supports real-time IBAN validation via iban.com integration, batch payment file processing (CSV), and webhook callbacks for invoice status updates. PSD2-compliant open API architecture enables third-party service provider connections and white-label customization.
What industry is Fintech Lab in?
Fintech Lab's product category is Banking-as-a-Service Platform. Its primary akta.pro industry code is FSAGALAE, Embedded Deposit Accounts & Digital Wallet Infrastructure, with a secondary code of FSAGABAK, Cross-Border FX, Multi-Currency & Treasury for Payments. Its NAICS code is 52232 and its SIC code is 6099.