Genome alternative for crypto, iGaming and PSP businesses
Genome is a Lithuanian e-money institution that accepts licensed iGaming but doesn't list crypto among its permitted industries. Narvi is a Finnish e-money institution with dedicated offers for both. Here's how they compare.
The short answer. Choose Narvi if you run a crypto business, or an iGaming business that needs Swift as well as SEPA. Consider Genome if you're a lower-risk business that wants low published fees, 12 currencies and Visa corporate cards from a self-serve app.Genome publishes more about itself than most EMIs: full tariffs, and lists of permitted and prohibited industries. That makes the comparison precise. Every Genome fact below comes from Genome's own pages and fee document as of 21 October 2026, linked at the end.
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At a glance
Genome vs Narvi at a glance
Every Genome fact below is as stated on Genome's website and in its fee document on 21 October 2026. Each number in brackets links to its source; the full list is at the end of the page.Licence- Genome (UAB "Maneuver LT"): e-money institution, licence No. 32 from the Bank of Lithuania, issued 29 March 2018. No MiCA crypto-asset licence [1][2]
- Narvi (Narvi Payments Oy Ab): e-money institution, Finnish Financial Supervisory Authority (FIN-FSA), registration 3190214-6, passported across the EEA [16]
- Genome: self-serve online accounts for businesses and individuals; no Banking-as-a-Service. Starting limits of EUR 100,000 in and out, raised through a questionnaire [3][4]
- Narvi: businesses, personal accounts for business owners, Banking-as-a-Service and white label [17][23]
- Genome: permitted industries include licensed and regulated betting and gambling, regulated forex and trading, PSPs, EMIs and affiliate marketing. Crypto isn't on the permitted list, and unlicensed crypto and virtual-asset businesses are prohibited [6][7]
- Narvi: dedicated offers for iGaming and Web3/crypto businesses; crypto exchanges, payment services and high-risk industries go on a custom enterprise plan [17][18][19]
- Genome: "Gambling" and "Virtual currencies" are among the industries not supported for international transfers [8]
- Narvi: Swift payments via pooled accounts, with no published industry exclusions [20]
- Genome: dedicated EUR IBAN in your name, which Genome contrasts with a "common virtual IBAN"; up to five accounts per currency [9]
- Narvi: dedicated IBAN in your company's name, starting with FI, under Narvi's own BIC [20]
- Genome: SEPA and SEPA Instant, send and receive, 24/7; Swift to 161 countries in 12 currencies for business clients; UK Faster Payments and CHAPS; TARGET2; Verification of Payee [8][12]
- Narvi: SEPA and SEPA Instant 24/7, Instant at the SEPA price up to EUR 100,000 per payment; Swift payments via pooled accounts [21]
- Genome: opening EUR 100, monthly EUR 10, SEPA EUR 1 in or out, Swift EUR 10 in and EUR 20 out [10][11]
- Narvi: one-time onboarding fee plus three months of monthly fees up front; monthly fee by risk tier; minimum balance of three monthly fees (see pricing) [17]
- Genome (iGaming, forex, PSPs): opening EUR 500, monthly EUR 100, an administration fee of 0.5% a year on your average balance, outgoing SEPA EUR 10 plus 0.3%, outgoing Swift EUR 30 plus 0.2%, warranty reserve EUR 1,000 [5][11]
- Narvi: crypto exchanges, payment services and high-risk industries go on a custom enterprise plan, priced after compliance review [17]
- Genome: fully online; your representative opens a personal wallet first, then business verification takes "typically up to 3 business days" [3]
- Narvi: 10-minute online application, then a compliance review and a priced offer [17]
- Genome: Visa corporate cards in nine currencies, payout API and webhooks, batch files of up to 3,000 payments, a hosted payment page and Pay by Bank, up to 20 team members (users) with roles [13][14][15]
- Narvi: business API with public documentation; Banking-as-a-Service, white label and roles for directors, accountants and employees [23][24]
Crypto and iGaming
Crypto and iGaming, with every rail
Crypto businessesGenome's permitted-industries list doesn't include crypto, and its prohibited list covers unlicensed crypto and virtual-asset businesses [6][7]. A licensed crypto business is neither permitted nor prohibited on paper, so only an enquiry settles it. "Virtual currencies" is also on its list of industries not supported for international transfers, and so is "Financial services", which matters if you're a PSP or another EMI [8].Narvi has a dedicated offer for crypto exchanges, custodians, OTC desks and DeFi entities [19][22].iGaming businessesGenome permits licensed and regulated betting and gambling [6], but lists "Gambling" among industries not supported for international transfers [8]. In practice, an iGaming client can use SEPA but not Swift.Narvi's iGaming offer covers SEPA and SEPA Instant under Narvi's own BIC, plus Swift payments via pooled accounts [18][21]. Medium and high-risk tiers cover B2B payments only, so if you pay out to players or consumers, you need the enterprise plan, and we'll tell you that before you're priced.IBAN
Both accounts are in your name
Genome gives business clients a dedicated EUR IBAN in their own name, which it contrasts with a shared virtual IBAN, and allows up to five accounts per currency. It quotes execution times of up to 1 business day for SEPA credit transfers, within seconds for SEPA Instant and 1 to 4 business days for outgoing Swift, and notes there may be a delay when banks run additional checks [9][5].Narvi does the same with a dedicated IBAN starting with FI, issued under Narvi's own BIC, NARYFIH2. You can open a separate IBAN for each entity or subsidiary and run them from one dashboard [20]. SEPA Instant is priced the same as a standard SEPA transfer, up to EUR 100,000 per payment [21].Genome account
How the Genome account works: business wallet and multiple currencies
Genome is an electronic money institution licensed by the Bank of Lithuania [1]. A Genome account for a company starts with a personal wallet: your representative signs up and passes identity verification with an ID document and a smartphone, then opens the business wallet, and business verification typically takes up to 3 business days.Every team member you add passes their own KYC checks [3].The multi currency side is broad. A business can hold separate accounts in 12 currencies: EUR, USD, GBP, PLN, CHF, JPY, CAD, CZK, HUF, SEK, AUD and DKK [25].On the high-risk tariff each extra currency has a price: EUR 1,000 to open a USD account, EUR 500 for each other non-euro currency, and a multicurrency fee of EUR 100 a month [5].Narvi's business account is narrower: a dedicated IBAN in your company's name for SEPA credit transfers and SEPA Instant, with a separate IBAN for each entity, plus Swift transfers via pooled accounts [20][21]. If you need to hold many currencies in one place, Genome offers more.Fees
Read the high-risk tariff closely
Genome's high-risk tariff, which covers iGaming, forex and PSPs, combines fixed and percentage fees: EUR 100 a month, an administration fee of 0.5% a year on your average balance, and EUR 10 plus 0.3% on every outgoing SEPA payment [5][11].The percentage parts grow with your volume. On EUR 1 million of outgoing SEPA payments a month, the 0.3% element alone comes to EUR 3,000, before the per-payment fee.Narvi prices high-risk and enterprise clients after compliance review [17]. Ask both providers for a quote based on your real monthly volumes and balances, and compare the totals, not the headline fees.Other fees
Fees that are easy to miss
Genome publishes its full tariff, so there are no hidden fees in the strict sense.Your tier is set by Genome's team after due diligence and compliance checks, and some charges only show up once you read past the headline numbers. On the high-risk business tariff [5]:- incoming SEPA credit and instant transfers cost EUR 5 plus 0.1%, so you pay to receive money as well as to send it
- a wallet maintenance fee of EUR 200 a month applies after 6 months of inactivity, until the balance reaches zero
- a payment investigation costs EUR 150, and a cancellation or recall EUR 50. Card spending in other currencies carries an FX fee of 2%, or 3% on Visa Direct transactions
- the 0.5% administration fee is an annual rate, charged every month on your average balance
Merchant accounts
Merchant accounts, Pay by Bank and open banking
Genome also sells merchant accounts, so a business can accept online payments into the same app. Merchants connect through a hosted payment page or a host-to-host integration [26], and can offer Pay by Bank to customers across Europe: the customer pays straight from their bank account through a PSD2 open banking payment initiation instead of a card. The merchant dashboard shows settlements and payout details, and lets you check reports [26].Open banking lets regulated providers access account data and initiate payments through bank APIs, with the customer's consent [27].Genome's high-risk merchant tariff, checked on 29 October 2026, includes a EUR 1,500 annual merchant account fee, 4.50% plus EUR 0.30 per authorisation attempt on Visa and Mastercard payments, and EUR 0.55 plus 4% per Pay by Bank payment.Settlement is weekly after a 7-day hold, with a 10% rolling reserve held for 180 days and a EUR 1,500 security deposit. If you can't show you comply with PCI DSS when asked, a EUR 100 monthly non-compliance fee applies [28].Narvi doesn't offer card acquiring or merchant accounts. If you take card payments, you keep a separate acquirer or PSP and use your Narvi dedicated IBAN to receive money from its settlements and run the rest of your financial operations. Compare the total cost of that setup with Genome's bundled one.When to stay
When Genome is the better choice
If you're a lower-risk business, Genome's published tariff is hard to beat on entry cost: EUR 10 a month and EUR 1 per SEPA payment [10][11].It holds 12 currencies, issues Visa corporate cards in nine of them, sends Swift to 161 countries, connects to UK Faster Payments and CHAPS, and accepts payments through a hosted page and Pay by Bank [8][14][13]. It also serves personal clients in the same app [3].Before you decide, check Genome's lists of prohibited countries and restricted relationships. If your industry is on its permitted list and you don't need Swift for it, Genome is a reasonable fit.How to switch
Switching from Genome to Narvi
What to prepare. You'll need your company documents, details of your directors and owners, and a short description of where your money comes from and goes. The full document list is in our help centre.- Book a short call with the onboarding team for a pricing estimate based on your business profile.
- Complete the online application, which takes about 10 minutes (step-by-step guide).
- Our compliance team reviews your documents and sends a priced offer.
- Fund the account: the onboarding fee, three months of monthly fees and a minimum balance of three monthly fees [17].
- Run both accounts in parallel. Move one payment flow at a time (customers, PSPs, payroll, suppliers) and send each counterparty your new IBAN and the BIC NARYFIH2, so they can update the beneficiary details and payment reference on their side.
- Close the old account only after the last inbound payment has landed, and move the balance out first: Genome's tariff charges inactivity and administration fees on balances you leave behind [5][10].
FAQ
Frequently asked questions
Genome's permitted-industries list doesn't include crypto, and it prohibits unlicensed crypto and virtual-asset businesses. Whether it accepts a licensed crypto business isn't stated, so ask Genome to confirm in writing.
As of 21 October 2026, Genome lists "Gambling" among the industries not supported for international transfers, so licensed iGaming clients can use SEPA but not Swift.
Genome's published high-risk tariff includes a EUR 500 opening fee, EUR 100 a month, 0.5% a year on your average balance, EUR 10 plus 0.3% per outgoing SEPA payment and a EUR 1,000 warranty reserve.
Yes. Genome offers merchant accounts with a hosted payment page, host-to-host integration and Pay by Bank through open banking. As of 29 October 2026, its high-risk merchant tariff includes a EUR 1,500 annual fee, 4.50% plus EUR 0.30 per card authorisation attempt and a 10% rolling reserve held for 180 days.
Yes. Genome is the brand of UAB "Maneuver LT", an electronic money institution holding licence No. 32 from the Bank of Lithuania, issued on 29 March 2018. Like Narvi, it isn't a bank.
Genome publishes its full business and merchant tariffs. The charges most often missed on the high-risk tariff are the EUR 5 plus 0.1% fee on incoming SEPA payments, the 0.5% annual administration fee charged monthly on your average balance, and the EUR 200 monthly wallet maintenance fee after 6 months of inactivity.
No. Narvi Payments Oy Ab is an e-money institution authorised by the Finnish Financial Supervisory Authority and passported across the EEA. It holds client funds separately from its own money, as EU e-money rules require.
Yes. Narvi has dedicated account offers for both. Crypto exchanges, payment services and other high-risk businesses go on a custom enterprise plan, priced after compliance review.
Narvi charges a one-time onboarding fee and a monthly fee set by your risk tier, with three months of fees paid up front. Enterprise clients are priced after compliance review. The tiers are on the pricing page.
Get a dedicated FI IBAN in your company's nameOpen an account or talk to the onboarding team about your industry and payment flows.
Sources
Sources
Last checked: 29 October 2026 (other Genome facts: 21 October 2026). Also compare Narvi with ConnectPay, Stable.com, payabl., IBAN4U, Paxum, Bilderlings, Neteller or Kontist, or read our comparison of Wise, Revolut and other alternatives.- Bank of Lithuania, UAB Maneuver LT register entry
- Bank of Lithuania, Maneuver LT licence
- Genome business account
- Genome account limits
- Genome high-risk business account pricing
- Genome legal regulations: permitted industries
- Genome legal regulations: prohibited activities
- Genome international transfers availability
- Genome bank account
- Genome low-risk business account pricing
- Genome fee document, 21 September 2026
- Genome terms and conditions
- Genome API for money transfers
- Genome iGaming payments
- Genome shared business account
- FIN-FSA register of supervised entities
- Narvi pricing
- Narvi for iGaming
- Narvi for Web3 and crypto
- Narvi dedicated IBAN
- Narvi SEPA Instant
- Narvi FAQ
- Narvi Banking-as-a-Service
- Narvi multi-user access
- Genome multi-currency account
- Genome merchant account
- Genome Open Banking
- Genome high-risk merchant account pricing
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Narvi Payments Oy Ab is an Authorized Electronic Money Institution (EMI). Narvi’s EMI license is granted by the Finnish Financial Supervisory Authority (FIN FSA) with the registration number 3190214-6. Narvi’s license is passportised to all European Union countries.
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