Bankera ( Era Finance Ltd )

Company Background & Licensing

Bankera is the trading name of Era Finance Ltd, a Maltese private limited company founded in 2017. The company is registered as an electronic money distribution agent of UAB Pervesk, a Lithuanian electronic money institution supervised by the Central Bank of Lithuania. This regulatory structure allows Bankera to issue e-money and provide payment services across the European Economic Area under Pervesk's EMI licence (No. 17). Era Finance Ltd itself is incorporated in Malta and its correspondence address is SOHO The Strand, Fawwara Building, Triq L-Imsida, GZR 1401, Gzira, Malta. The company's technology and operational centre is located in Vilnius, Lithuania, where the majority of its development, compliance, and customer support teams are based.

Target Market & iGaming Focus

Bankera explicitly markets itself as a banking solution for digital businesses, including affiliate marketing, eCommerce, gambling, cryptocurrency exchanges, P2P finance, and other online industries. This makes it a key player in the iGaming payment services space. The company provides dedicated IBANs that are compatible with gambling operators and crypto platforms, allowing for smooth fiat transfers. Its compliance framework is designed to handle higher-risk client segments without compromising on regulatory standards, which is a critical differentiator for iGaming merchants seeking reliable banking partners.

Products & Platforms

- Bankera Personal & Business Accounts: Current accounts with dedicated IBAN (starting with LT or other country codes depending on client), multi-currency storage (EUR, USD, GBP, CHF, AED, PLN, NOK, SEK, CAD, CZK, DKK, HUF, TRY, ILS), SEPA Instant and SWIFT transfers, and physical + virtual Visa debit cards. Business accounts are tailored for freelancers, SMEs, and digital enterprises, with support for high transaction volumes. - Bankera Mobile Banking App (iOS/Android): Allows users to manage accounts, initiate transfers, generate virtual cards, view card PINs, enable/disable contactless/online/ATM features, and access 24/7 live chat support. The app supports 3 free ATM withdrawals per month within the EEA. - Banking-as-a-Service (BaaS): A white-label platform that enables other fintechs, banks, and non-financial companies to embed banking services into their own offerings. Includes account opening, card issuance, SEPA/SWIFT payment processing, and compliance infrastructure. - Payment Processing (Card, Crypto, Alternative Methods): Bankera’s merchant solutions accept a wide range of online payments—from credit/debit cards to cryptocurrencies and local alternative payment methods, relevant for iGaming operators seeking multi-channel payment acceptance. - Partnership Program: A referral-based program where partners earn recurring income by recommending Bankera’s services to clients, targeting accountants, agencies, and business introducers.

Regulatory Compliance & Security

As an agent of an authorised EMI, Bankera is subject to anti-money laundering (AML) and counter-terrorist financing (CTF) obligations under Lithuanian and EU law, enforced by the Bank of Lithuania. The company implements KYC procedures during onboarding and monitors transactions for suspicious activity. Its technology team in Vilnius handles information security and compliance tooling, and the mobile app includes in-app controls for age assurance (18+ content restrictions), reflecting its alignment with gambling sector requirements.

Market Presence & Growth

Bankera has established a strong foothold in the European fintech ecosystem, particularly among digital asset businesses and iGaming operators. The company has expanded its product suite from basic accounts to a full BaaS offering, indicating a strategic shift toward becoming a backend infrastructure provider. While not a full-licence bank, its agent structure allows it to offer near-banking functionality with lower overhead, appealing to clients who cannot access traditional banking due to industry risk.

Financials & Headcount

The company is privately held and does not publicly disclose revenue or profitability figures. Based on LinkedIn data, the company size is 51-200 employees; the Bankera LinkedIn description states more than 170 professionals work on its products, implying the headcount is likely around 170–200 across all functions.