Why can't a gambling company just use a regular bank?

Most European banks classify gambling as a prohibited or restricted category and either decline the application or close the account later. The providers here name gambling as a business they serve, and each one's licence stands in a regulator's register, which is the two facts that separate a working account from a marketing page.

What is the difference between a bank, an EMI and a platform on this list?

A bank holds deposits under a banking license and, in the EU, a deposit guarantee scheme. An e-money institution holds client money in safeguarded accounts at banks and cannot lend it. A platform holds no money at all: its accounts and cards sit on partner licenses, so the partner's appetite for gambling decides whether the account survives.

Can players deposit into these accounts?

Usually not. These are treasury accounts: they receive settlements from payment providers, hold the float and pay suppliers, affiliates and staff. Several providers exclude high-risk clients from player-facing flows outright. The cashier side lives in the payment provider catalog.

Is this list paid for?

No. Listing is free and not for sale, order follows verification depth, and any sponsored placement on this section is labeled as such and never moves a provider up the list.

Banking & treasury for iGaming · Updated Sep 8, 2026

Banking for iGaming: Business Accounts and Treasury Providers That Take Gambling Companies

Most European banks decline a gambling company at the door, so operators, game studios and affiliates run their settlement and payout accounts through a short list of e‑money institutions, one or two banks and a few treasury platforms built on other people's licenses. This is that list. Every license below was read in the regulator's register, every gambling policy comes from the provider's own documents, and every fine and suspension on record is stated at the top of the profile, not the bottom.

10
providers listed: 12
register entries read: 7
enforcement and dispute items on record: 0
paid positions

How a provider gets on this list

Four checks, all of them ours. A provider that fails any one stays off the page. Passing all four puts it in Tier 2; a named operator client on a first-party source lifts it to Tier 1. Within a tier, a company holding its own license ranks above an agent of someone else's EMI, which ranks above a platform that holds no client money. Nothing else moves the order.

License read in the register

We open the regulator's own register, or its published extract, and record the entity, the licence type and number, and the date we read it. A footer claim or a press release does not count.

Gambling named on their own site

The provider's own domain has to say it serves iGaming, gambling or betting, in a product page, a policy or a filing. Third-party listicles and directories do not count.

The product is an account

An IBAN in the company's name with SEPA, SWIFT or local rails. A card alone, a crypto desk alone, or a consultancy that opens accounts elsewhere does not qualify.

Alive, with a legal entity

Live site, a company in a public registry, and a license that is still in force. Two well-known names failed this step in 2025: one license was withdrawn, one firm went into administration.

Licenses get withdrawn, so the register is re-read every quarter and the date sits on each profile. A provider that loses its license or lands under a restriction moves to a holding list with the reason stated; it is not quietly deleted.

The providers

Tier 1register-verified, gambling stated on its own site, and a named operator client

#1FinXP

Clean record

Malta · FinXP Limited

Tier 1E-money institutionOwn licenseAlso acquiring

A Maltese EMI that built its book on the companies Maltese banks turned away, and the only account provider in this section with a tier-one operator willing to put its name to the relationship.

Regulator: MFSA
IBAN in own name: Yes
SEPA Instant: Not stated
SWIFT: Yes
Bulk payouts: Yes
Pricing public: No

3.8/5 (2)Full profile

Tier 2register-verified and gambling stated on its own site

#2Narvi

Clean record

Finland · Narvi Payments Oy Ab

Tier 2E-money institutionOwn license

A young Finnish EMI that sells the operator a euro IBAN in its own name and pitches the affiliate the same account, with the player flows deliberately left out.

Regulator: DNB
IBAN in own name: Yes
SEPA Instant: Yes
SWIFT: Yes
Bulk payouts: Yes
Pricing public: No

2.9/5 (13)Full profile

#3Bank of Valletta

1 on record

Malta · Bank of Valletta p.l.c.

Tier 2BankOwn licenseAlso acquiring

The only bank in this section: a systemically important Maltese credit institution that treats online gambling as a restricted category, open to gaming companies after enhanced due diligence and closed to the players themselves.

Regulator: MFSA
IBAN in own name: Yes
SEPA Instant: Not stated
SWIFT: Yes
Bulk payouts: Not stated
Pricing public: Yes

1.8/5 (16)Full profile

#4Bilderlings

Clean record

United Kingdom · Bilderlings Pay Limited

Tier 2E-money institutionOwn license

A London e-money institution with Riga roots that prices a gaming account at EUR 350 a month in the open, and carries the largest complaint file of any licensee in this section.

Regulator: FCA
IBAN in own name: Yes
SEPA Instant: Not stated
SWIFT: Yes
Bulk payouts: Not stated
Pricing public: Yes

3.2/5 (236)Full profile

#5Transferra

Clean record

United Kingdom · Transferra Un Limited

Tier 2E-money institutionOwn license

A London EMI with its own FCA authorization that resells Clear Junction and OpenPayd virtual IBANs and Wallester cards as a priced iGaming account, from EUR 49 a month.

Regulator: FCA
IBAN in own name: Partner‑issued
SEPA Instant: Yes
SWIFT: Yes
Bulk payouts: Yes
Pricing public: Yes

4.1/5 (88)Full profile

#6PayDo

Clean record

United Kingdom · Ecommerce Technologies Ltd

Tier 2E-money institutionOwn licenseAlso acquiring

A UK e-money institution that sells the operator a multi-currency account and a 350-method cashier under one roof, accepts any gambling license including Curaçao, and carries a third of its Trustpilot reviews at one star.

Regulator: FCA
IBAN in own name: Yes
SEPA Instant: Yes
SWIFT: Yes
Bulk payouts: Yes
Pricing public: Yes

3.4/5 (368)Full profile

#7Equals Money

Clean record

United Kingdom · Equals Money PLC

Tier 2Payment institutionOwn license

The FairFX lineage grown into a two-license London group, private since April 2025 and merged with Railsr, offering the gambling business a multi-currency account, Mastercard cards and a specialist account manager, with the accepted-license list left unsaid.

Regulator: FCA
IBAN in own name: Yes
SEPA Instant: Yes
SWIFT: Yes
Bulk payouts: Yes
Pricing public: Yes

4.7/5 (587)Full profile

#8OpenPayd

1 on record

United Kingdom · SettleGo Solutions Limited (trading as OpenPayd)

Tier 2E-money institutionOwn license

A London e-money institution that allocates virtual IBANs to gambling operators and to each of their players, with 35 currencies and a stablecoin leg, and a Maltese arm that spent 2024 and 2025 in front of the financial services arbiter over scam money routed through those IBANs.

Regulator: FCA
IBAN in own name: Yes
SEPA Instant: Not stated
SWIFT: No
Bulk payouts: Not stated
Pricing public: No

1.8/5 (16)Full profile

#9Satchel

3 on record

Lithuania · SatchelPay, UAB

Tier 2E-money institutionOwn license

A Lithuanian e-money institution that names Anjouan and Curaçao as accepted licenses and prints its price list, and that carries the longest enforcement record in this section: an e-money suspension in 2019, four sanctions since, and a safeguarding fine in September 2025.

Regulator: BoL
IBAN in own name: Yes
SEPA Instant: Yes
SWIFT: Yes
Bulk payouts: Not stated
Pricing public: Yes

2.6/5 (49)Full profile

#10Bankera

2 on record

Malta · Era Finance Ltd

Tier 2E-money institutionAgent of a licensed EMI

A Maltese agent selling accounts on a Lithuanian e-money license, with one of the broadest iGaming account products in this section and a license holder the Bank of Lithuania has fined twice for anti-money-laundering failures.

Regulator: BoL
IBAN in own name: Partner‑issued
SEPA Instant: Yes
SWIFT: Yes
Bulk payouts: Yes
Pricing public: Yes

2.0/5 (787)Full profile

Already profiled in the payment provider catalog

These companies pass the same gate but sit in the cashier-side catalog because operators also integrate them for payments. One profile per company, so the link goes there.

XaceUK payment institution and Modulr agent; named IBANs for operators, affiliates and software suppliers

Side by side

What each provider gives an operator on the account itself. "Not stated" means the provider does not say, which for pricing and SEPA Instant is a finding in its own right.

FinXPOwn license
Regulator
MFSA
IBAN in own name
Yes
SEPA Instant
Not stated
SWIFT
Yes
Cards
Yes
Bulk payouts
Yes
Pricing public
No
Named client
Kindred Group
On record
0
Trustpilot
3.8/5 (2)
NarviOwn license
Regulator
DNB
IBAN in own name
Yes
SEPA Instant
Yes
SWIFT
Yes
Cards
Announced
Bulk payouts
Yes
Pricing public
No
Named client
None
On record
0
Trustpilot
2.9/5 (13)
Bank of VallettaOwn license
Regulator
MFSA
IBAN in own name
Yes
SEPA Instant
Not stated
SWIFT
Yes
Cards
Yes
Bulk payouts
Not stated
Pricing public
Yes
Named client
None
On record
1
Trustpilot
1.8/5 (16)
BilderlingsOwn license
Regulator
FCA
IBAN in own name
Yes
SEPA Instant
Not stated
SWIFT
Yes
Cards
Yes
Bulk payouts
Not stated
Pricing public
Yes
Named client
None
On record
0
Trustpilot
3.2/5 (236)
TransferraOwn license
Regulator
FCA
IBAN in own name
Partner‑issued
SEPA Instant
Yes
SWIFT
Yes
Cards
Yes
Bulk payouts
Yes
Pricing public
Yes
Named client
None
On record
0
Trustpilot
4.1/5 (88)
PayDoOwn license
Regulator
FCA
IBAN in own name
Yes
SEPA Instant
Yes
SWIFT
Yes
Cards
Yes
Bulk payouts
Yes
Pricing public
Yes
Named client
None
On record
0
Trustpilot
3.4/5 (368)
Equals MoneyOwn license
Regulator
FCA
IBAN in own name
Yes
SEPA Instant
Yes
SWIFT
Yes
Cards
Yes
Bulk payouts
Yes
Pricing public
Yes
Named client
None
On record
0
Trustpilot
4.7/5 (587)
OpenPaydOwn license
Regulator
FCA
IBAN in own name
Yes
SEPA Instant
Not stated
SWIFT
No
Cards
No
Bulk payouts
Not stated
Pricing public
No
Named client
None
On record
1
Trustpilot
1.8/5 (16)
SatchelOwn license
Regulator
BoL
IBAN in own name
Yes
SEPA Instant
Yes
SWIFT
Yes
Cards
Yes
Bulk payouts
Not stated
Pricing public
Yes
Named client
None
On record
3
Trustpilot
2.6/5 (49)
BankeraAgent of a licensed EMI
Regulator
BoL
IBAN in own name
Partner‑issued
SEPA Instant
Yes
SWIFT
Yes
Cards
Yes
Bulk payouts
Yes
Pricing public
Yes
Named client
None
On record
2
Trustpilot
2.0/5 (787)

Provider	Regulator	IBAN in own name	SEPA Instant	SWIFT	Cards	Bulk payouts	Pricing public	Named client	On record	Trustpilot
FinXPOwn license	MFSA	Yes	Not stated	Yes	Yes	Yes	No	Kindred Group	0	3.8/52 reviews
NarviOwn license	DNB	Yes	Yes	Yes	Announced	Yes	No	None	0	2.9/513 reviews
Bank of VallettaOwn license	MFSA	Yes	Not stated	Yes	Yes	Not stated	Yes	None	1	1.8/516 reviews
BilderlingsOwn license	FCA	Yes	Not stated	Yes	Yes	Not stated	Yes	None	0	3.2/5236 reviews
TransferraOwn license	FCA	Partner‑issued	Yes	Yes	Yes	Yes	Yes	None	0	4.1/588 reviews
PayDoOwn license	FCA	Yes	Yes	Yes	Yes	Yes	Yes	None	0	3.4/5368 reviews
Equals MoneyOwn license	FCA	Yes	Yes	Yes	Yes	Yes	Yes	None	0	4.7/5587 reviews
OpenPaydOwn license	FCA	Yes	Not stated	No	No	Not stated	No	None	1	1.8/516 reviews
SatchelOwn license	BoL	Yes	Yes	Yes	Yes	Not stated	Yes	None	3	2.6/549 reviews
BankeraAgent of a licensed EMI	BoL	Partner‑issued	Yes	Yes	Yes	Yes	Yes	None	2	2.0/5787 reviews

Checked and not listed

Names that circulate in "gambling-friendly banking" lists and did not pass. The reason is the one that matters for an operator choosing where to hold money.

Intergiro · Finansinspektionen withdrew its e-money license on June 18, 2025 for AML failures; the company filed for bankruptcy on July 31, 2025.
Nvayo · FCA barred all e-money services in August 2023; the firm entered special administration on February 10, 2025 and its domain is for sale.
VallettaPay · Absent from every FCA register extract (e-money, payment services, agents) despite calling itself a licensed payment institution; no regulator named on its site.
Paymix (Finance Incorporated Ltd) · Istanbul prosecutors indicted its controlling shareholder in July 2026 over illegal-betting proceeds; its MFSA license is quoted on its site but we have not read the register entry.
Clear Junction · Licensed UK EMI whose eligibility criteria list gambling under "we do not accept", with exceptions; it banks payment firms, not operators.
iBanFirst, Bivial (ex-Klarpay), Moneybase, Mistertango · Regulated in their own right, but none names gambling as a served industry on its own site. Mistertango also carries EUR 518,000 in Bank of Lithuania fines since 2016.

Questions operators and affiliates ask

Are you an account provider that serves iGaming?

Listing is free and never for sale. Send us your register entry and the page on your site that names iGaming; we read both ourselves and the profile carries our verdict, not your copy. Sponsored placements on this section are sold only to listed providers, are labeled, and do not change the order.

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