SAB Finance

What SAB Finance does

SAB Finance a.s. is a Prague-headquartered, Czech National Bank-licensed payment institution founded in 2004 and listed on the Prague Stock Exchange Standard Market (ticker SABFG) since 28 January 2021. The company provides foreign exchange services — spot currency exchange, currency forward hedging (including the structured SAB TARF product), and international payments — primarily to corporate clients engaged in cross-border trade, positioning itself as the undisputed leader in the Czech spot FX market since 2016 with 20,000+ clients, 3 billion CZK in daily turnover, and 4.14 trillion CZK exchanged cumulatively.

The core technology is a proprietary matching engine that delivers interbank-level execution on currency exchange transactions, wrapped in the ProStream® online B2B platform (launched 2021, expanded to Poland in Q3 2021) for SMB self-service, complemented by a phone-dealing desk and field-sales regional managers for enterprise clients. The firm holds accounts in 16+ banks across the Czech Republic, Slovakia, and Poland to enable rapid multi-bank settlement, and operates a PSD2-compliant open-banking API (AIS/PIS/CISP) at openapi.sab.cz.

Revenue is generated primarily from spreads on FX transactions, fees on forward contracts (1 week to 2-year tenors), and international payment execution, with additional dividend income from minority stakes in TRINITY BANK a.s. (~10%) and FCM Bank Limited (~19.73%). In April 2024 the CNB approved SAB Finance's control over TRINITY BANK, after which it operates under parent TRINITY Banking Group a.s. as part of a unified regulated concern; in April 2026 the company raised 300M CZK via an 8-year bond from its parent to fund further growth. SAB Finance is controlled by founder Ing. Radomír Lapčík, LL.M. through SAB Financial Group a.s. (54.92%).

Name

SAB Finance

Legal name

SAB Finance a.s.

Website

https://sab.cz

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

101–250 employees

Short description

SAB Finance a.s. is a Czech National Bank-licensed payment institution offering spot FX, currency forward hedging, and international payments to corporate clients via its ProStream platform and direct sales force, serving as the leading non-bank FX provider in the Czech Republic with 20,000+ clients and 3 billion CZK daily turnover.

Ownership category

akta.pro rank

Product category

Foreign Exchange & Payment Services

NAICS

Credit Intermediation and Related Activities (522)

SIC

Finance Services (6199)

akta.pro primary industry

A2A Reconciliation, Reporting & Treasury Ops (FSAMAFAJ)

Keywords

• Foreign exchange services
• Currency hedging products
• International payment services
• Corporate FX trading
• Payment institution

Headquarters

HQ city

Prague

HQ country

Czechia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Foreign Exchange Transaction Fees: SAB Finance earns revenue through transaction fees on currency exchange between accounts. The company operates a matching system that allows trading at interbank forex market rates, charging a margin/spread. Currency exchanges between accounts are conducted free of charge for clients, with revenue generated from the spread between interbank and client rates.
2. Forward Contract Services: Revenue from currency forward contracts for hedging against exchange rate risk. Contracts typically range from 1 week to 2 years, providing certainty on future exchange rates.
3. International Payment Services: Fees for international payment processing, including express payments and currency conversions for payments to foreign business partners.
4. Dividend Income from Subsidiaries: Dividend income from investments in TRINITY BANK a.s. (~10% stake) and FCM Bank Limited (~42% via SAB Europe Holding Ltd)

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

SAB Finance a.s. is a Czech-licensed payment institution providing foreign currency exchange, currency forwards (hedging), and international payment services to corporate clients. It operates a proprietary matching system delivering interbank FX rates and an online B2B platform (ProStream®) enabling real-time currency exchange, international payments, and currency risk monitoring without hidden fees.

Product overview

SAB Finance operates as a licensed payment institution offering a comprehensive suite of foreign exchange and payment services for corporate clients. The core offering centers on ProStream®, an online B2B fintech platform enabling real-time currency exchange, international payments, and access to competitive exchange rates. The product portfolio includes specialized hedging instruments: SAB Forward (standard currency forward contracts for 1 week to 2 years), SAB Forward+ (collateral-backed forward with enhanced rates), and SAB TARF (Target Redemption Forward with conditional redemption features). Supporting services include spot currency exchange, international payment execution with accelerated delivery, and currency rate monitoring with automated alerts. The platform differentiates through interbank-rate pricing, free account-to-account transfers, and integration with 9+ banking institutions across Czech Republic, Slovakia, and Poland.

Differentiator

Problem solved

Functional benefit

Brands

• ProStream®: Online B2B FinTech platform for FX trading, currency exchange, and international payments for corporate clients, featuring online onboarding. Available in Czech Republic and Poland.
• SAB Forward
• SAB Forward+
• SAB TARF

Products and services

• ProStream® Online B2B FX Platform B2B fintech platform enabling corporate clients to execute foreign exchange transactions, make international payments, access real-time exchange rates, and manage currency risk online with full transparency and no hidden fees. Includes online onboarding capability.
• SAB Forward Currency forward contract allowing clients to lock in an exchange rate for a future date, protecting against currency volatility for known future payment or receipt needs. Terms range from 1 week to 2 years.
• SAB Forward+ Enhanced currency forward with collateral arrangement providing more favorable exchange rates and additional hedging flexibility for corporate clients.
• SAB TARF (Target Redemption Forward) Structured hedging product (Target Redemption Forward) enabling clients to achieve more favorable exchange rates than standard forward contracts, with conditional redemption features based on market performance.
• Spot Currency Exchange Immediate currency exchange between accounts at interbank rates, with free transfers between client accounts and access to 9 banking institutions.
• International Payments Foreign payment services enabling clients to send funds to international partners with accelerated delivery up to 2 business days through partnerships with international banks.
• PSD2 Open Banking API PSD2-compliant API enabling Third Party Providers (TPPs) to access account information and initiate payments at openapi.sab.cz, with sandbox/test environment and fallback production environment.

Quantifiable outcome

• 3 billion CZK daily turnover
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered minor and core.

• SAB o.c.p., a.s.minorChannel Partner/ Reseller/ Distributor · 6 September 2023Securities broker within the SAB group; member of Prague Stock Exchange since July 2021; acts as Market Maker for SAB Finance shares enabling free share trading for clients. Facilitates IPO subscription services.
• ING Bank N.V.coreTechnology or IntegrationStrategic partnership with ING Bank for improved exchange rates, faster settlement times, and access to global currency trading. ING Bank serves as a forex provider enabling SAB to offer competitive rates across all world currencies.
• Česká národní banka (CNB)coreOthersCzech National Bank is the regulatory authority that granted SAB Finance its Payment Institution license in April 2011 and oversees PSD2 compliance. CNB approval was required for SAB's IPO prospectus and subsequent capital increases.
• KPMGminorOthersAnnual financial audit conducted by KPMG, one of the 'Big Four' accounting firms. Long-term audit relationship with consistently positive audit opinions confirming compliance with Czech regulations.
• Československá obchodní banka, Komerční banka, Česká spořitelna, MONETA Money Bank, Fio banka, Tatra banka, TRINITY BANK, Deutsche Bank, Všeobecná úverová banka, RaiffeisenbankcoreTechnology or IntegrationBanking partner network comprising accounts in 16+ banks across Czech Republic, Slovakia, and Poland. Enables rapid cross-bank settlement and flexible payment processing. SAB has accounts in banks including ČSOB, Komerční banka, Česká spořitelna, ING, MONETA, Fio, Tatra, Trinity Bank, Deutsche Bank, VÚB, Raiffeisenbank, ING Bank Slaski, BNP Paribas Bank Polska, PKO BP.

Scale indicators9 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Moneycorp: UK-based corporate FX and payments provider serving importers/exporters with spot, forwards and overseas payments – direct analogue to SAB's Czech corporate client base.
• OFX: Australia-listed B2B FX broker serving SMEs and corporates with international payments and forward hedging – closest publicly-traded analogue to SAB Finance's spot FX + forward + payment model.
• Currencycloud: B2B FX and cross-border payments API platform (now part of Ripple) – closest technical analogue to SAB's PSD2/Open Banking API strategy for embedding FX into third-party workflows.
• Kantox: B2B currency hedging and FX risk management specialist – directly comparable to SAB's forward product suite, including structured hedging instruments and forward-tenor products.
• Convera: B2B cross-border payments and FX platform formed from Western Union's Business Solutions spin-off; competes head-to-head with SAB for corporate FX/payments customers.
• Ebury: UK-based B2B FX and international payments fintech (now Santander-owned) with similar SME/mid-market targeting, hedging products, and banking-rail settlement – direct comparable on model and customer profile.
• WorldFirst: Ant Group-owned B2B cross-border payments and FX platform serving importers/exporters and marketplaces – direct competitor for corporate FX hedging and international payments.

Emerging players

• Revolut Business: Digital bank with multi-currency accounts, FX, and corporate payments; broad product portfolio that competes with SAB on FX pricing and payment speed for SME segments.
• Airwallex: Rapidly scaling B2B cross-border payments and FX platform for SMEs, with multi-currency accounts and treasury features – emerging competitive threat in CZ/PL/CEE markets where SAB is expanding.

Broad incumbents

• Wise (formerly TransferWise): Larger cross-border payments and FX provider with mid-market pricing transparency; broader portfolio including consumer remittances, but its B2B (Wise Business) offering directly competes with SAB for SME clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/sabfinanceas
• LinkedInlinkedin.com/company/sabfinanceas
• Instagraminstagram.com/sabfinancecz

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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 SAB Finance