Best Banking for iGaming 2027

1

Banking Circle

Luxembourg payments bank that lists gambling as a restricted client type with strict conditions

Luxembourg

7.6

Best for: Established EU operators with five or more years of history

Banking Circle is a Luxembourg payments bank. Its public risk appetite policy places gambling in a restricted class rather than banning it. Operators must be incorporated in a listed jurisdiction, hold the right licences, be registered with the local gambling commission, meet EU or UK-equivalent AML rules and have no material negative media. Directly onboarded gambling clients must be over five years old, and direct gambling flows are capped at 5% of total flow. That makes it hard for new operators.

Safeguarding stated: Not confirmed · Public onboarding info: Yes

2

OpenPayd

Virtual IBANs, multi-currency accounts and stablecoin tools aimed at iGaming operators

London, United Kingdom

7.5

Best for: Operators who need virtual IBANs and fiat-crypto conversion

OpenPayd is a payments infrastructure provider with an FCA authorised EMI in the UK, a Maltese financial institution and a separate Maltese VFA service provider for digital assets. Its iGaming page offers virtual IBANs for every end user, instant payouts, multi-currency accounts holding 35 currencies and stablecoin conversion. That mix suits operators who move between fiat and crypto. The page does not list accepted gambling licences or fees, so each operator needs to apply and be assessed.

Safeguarding stated: Not confirmed · Public onboarding info: Not confirmed

3

Xace

Gaming-sector business accounts and IBANs from an FCA authorised payment institution

United Kingdom

6.8

Best for: White label casinos, affiliates and software suppliers

Xace is a UK FCA authorised payment institution that also holds a Maltese payment services licence. Its homepage markets business accounts and IBANs to gambling operators, white label casinos, software suppliers and affiliates, with a compliance team it says knows the sector. It lists SEPA, TARGET2, BACS, Faster Payments and CHAPS, plus FX across 20+ currencies. Accounts are provided through Modulr as an agent arrangement. Fees are not published, and approval still depends on your licence, jurisdiction and due diligence.

Safeguarding stated: Not confirmed · Public onboarding info: Not confirmed

4

Narvi Payments

Finnish EMI that names iGaming among the industries it works with, with an OTC crypto desk

Finland

6.7

Best for: EU-based operators wanting an IBAN plus a crypto OTC route

Narvi is an EMI supervised by the Finnish FSA. Its FAQ names iGaming alongside blockchain and fintech as industries it works with. Accounts come with a dedicated IBAN, SEPA Instant, API access and a currency and OTC desk, and the OTC desk can take crypto and settle it as fiat. Narvi says pricing depends on risk, industry and country of incorporation and is quoted after reviewing an application, so cost and approval are not predictable up front.

Safeguarding stated: Not confirmed · Public onboarding info: Yes

5

Equals Money

FCA authorised multi-currency accounts with an iGaming page and USDC to USD conversion

London, United Kingdom

6.5

Best for: UK-linked operators needing open banking deposits and FX

Equals Money has an iGaming page that offers multi-currency accounts, SWIFT, SEPA and Faster Payments rails, open banking deposits and a dedicated account manager. It also converts USDC into USD. The page is open about protection: payment account funds are safeguarded under the Payment Services and E-money Regulations in accounts with Tier 1 banks, and are not covered by the FSCS. It does not publish accepted gambling licences or a restricted-business list.

Safeguarding stated: Yes · Public onboarding info: Not confirmed

6

Genome

Lithuanian EMI with an iGaming payments service, mass payout API and high-risk account pricing pages

Lithuania

5.8

Best for: Operators who need batch payouts and virtual cards

Genome is an EMI supervised by the Bank of Lithuania. It lists iGaming payments under its business services and published a guide on gambling accounts that describes a payout API with batch transfers of up to 3,000 payments, open banking deposits, SEPA Instant and virtual Visa cards. It says gambling is treated as a high-risk status, which means higher fees, more business information and ongoing monitoring. Pricing pages for high-risk accounts exist, so cost is more visible than at most rivals.

Safeguarding stated: Not confirmed · Public onboarding info: Yes

7

Satchel

Lithuanian EMI that says it works with licensed gaming operators, with segregated account views

Lithuania

5.8

Best for: EU operators wanting a SEPA and SWIFT account with 20+ currencies

Satchel is an EMI licensed by the Bank of Lithuania. A September 2025 article on its site says it works with licensed gaming operators and discusses the different banking expectations of the UKGC, MGA and Curaçao. It describes multi-currency accounts, SEPA and SWIFT access, transaction monitoring and visibility into segregated accounts. It also offers remote account opening with a European IBAN and cards. It does not list the gambling licences it will accept.

Safeguarding stated: Yes · Public onboarding info: Yes

8

Bank of Valletta

Malta's largest bank, reported in 2019 as the only major local bank taking gaming firms

Valletta, Malta

4.4

Best for: Malta-based operators, if the bank agrees after due diligence

Bank of Valletta is included because trade press, not the bank, documents its link to gaming. In October 2019 Lovin Malta reported it was the only major Maltese bank accepting gaming companies and that it had warned several of them that accounts would close, following ECB de-risking instructions. The bank later called it a misunderstanding. Its current appetite is not public, so treat it as a case-by-case bank and confirm directly. It is a useful example of how quickly bank policy can shift.

Safeguarding stated: Not confirmed · Public onboarding info: Not confirmed