Bankera

Bankera operates as a financial technology company offering a suite of payment services tailored for the digital economy. The firm was co-founded by Vytautas Karalevičius, Justas Dobiliauskas, and Mantas Staliūnas, who leveraged their collective experience from SpectroCoin, a cryptocurrency exchange, to launch Bankera. The company's journey began with an Initial Coin Offering (ICO) in 2017, which successfully raised significant capital to build out its vision of a modern digital bank.

The company's core business revolves around providing payment solutions for both individuals and corporate clients, with a particular focus on digital-native industries often considered high-risk by traditional banks, such as eCommerce, affiliate marketing, cryptocurrency exchanges, and online gaming. Bankera's revenue is generated through fees associated with its services, including transaction fees, account maintenance, and card issuance. Its primary service is a payment account that functions as an alternative to a traditional bank account, complete with dedicated European IBANs, enabling clients to send and receive funds via SEPA and SWIFT networks. Accompanying the accounts are corporate and private VISA debit cards for global payment capabilities.

A key component of Bankera's offering is its white-label solution. This service allows other businesses, particularly fintechs or companies wanting to embed financial services, to utilize Bankera's existing IT and regulatory infrastructure to launch their own branded financial products, such as payment accounts and debit cards. This B2B offering accelerates time-to-market for its partners. Additionally, the company provides payment processing services, enabling online businesses to accept a variety of payment methods, from traditional card payments to cryptocurrencies. Bankera operates primarily through its Lithuanian entity, which holds an Electronic Money Institution (EMI) license regulated by the Bank of Lithuania, underpinning its operations within the European Economic Area.

Keywords: payment services, digital banking, FinTech, IBAN accounts, payment processing, white-label solutions, VISA cards, cross-border payments, high-risk merchant accounts, cryptocurrency payments