Sibilla Solutions Ltd is an electronic money institution focused on serving individuals in the European Economic Area. Sibilla Solutions provides digital (e-wallet) accounts with virtual and plastic cards linked to the account as well as instant and secure money transfers. Sibilla Solutions also offers tailor-made solutions to businesses to meet their specific needs. Sibilla Solutions is doing business as Profee.
European Economic AreaReliable and fast way to send money overseas
Simple way to send money
Your personal finances at your fingertips
No hidden fees, no complicated processes or confusions
Support staff speaking english, russian and greek freely
(*)as stated by the company itself
13 August 2024, by Anna Mileiko
TheBanks.eu has developed a proprietary methodology to assign ratings to payment institutions based on their operating environment, company background, business model, market niche, product range, transparency, customer support and customer sentiment. According to the methodology, Sibilla Solutions Ltd is assigned the overall rating 3.72 (good) which is explained in details below.
| Operating Environment | Very Friendly | (4.26) |
| Product Range | Focused | (2.29) |
| Market Niche | Average | (3.05) |
| Company Background | Poor | (2.57) |
| Customer Support | Excellent | (4.56) |
| Customer Sentiment | Excellent | (4.49) |
| Transparency | High | (3.57) |
| Overall Rating | Good | (3.72) |
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TheBanks.eu has also identified the following pros and cons of the company:
Your personal finances at your fingertips
Profee Account is a multi-currency account, allowing the account holder to have funds in the following currencies:
EUR (Euro)
USD (US dollar)
GBP (Pound sterling)Visa cards can be ordered together with Profee Account. Both virtual and plastic cards are available.
Profee Account can be loaded using:
Funds can with withdrawn from Profee Account to:
Profee cards are prepaid cards, rather than debit cards.
Debit vs Prepaid Cards.Debit cards do not have a separate balance and are connected to an account ore-wallet. Such cards are loaded automatically when the account/e-wallet is being topped up.Prepaid cards have a separate balance from an account or e-wallet.These cards have to be loaded manually, usually from the account/e-wallet.
Profee cards are issued as both physical (plastic) and virtual cards; plastic cards are delivered to the customer's address.Profee Visa Card is a single currency card, it can be issued in EUR only.
EUR (Euro)Your Profee Prepaid Physical Visa card can be topped up from your Profee account (Euro Subaccount).
*) EEA stands for the European Economic Area and consists of Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.
Sibilla Solutions offers money transfers between more than 40 countries in more than 25 currencies. Money can be sent from Visa, MasterCard, bank accounts and received to Visa, MasterCard, MIR, bank accounts (within SEPA). Card-to-card transfers made with Profee are usually completed within few minutes, card-to-bank account transfers might take several days.
In general, the average time for card-to-card money transfer is 2 minutes. In rare cases money transfer might take up to 24 hours to be completed.
Transfers from card to a bank account are usually completed in several days.
Profee allows to send money from all the European Economic Area (EEA) countries.
Profee allows to send money to 45+ countries, including all the EEA countries, Armenia, Azerbaijan, Georgia, Ukraine, Kazakhstan, Moldova, Russia, Israel and several other countries.
Sibilla Solutions do not conduct operations with cryptocurrencies.
Cyprus
Sibilla Solutions Ltd is authorized by the Central Bank of Cyprus as a e-money institution (license number 115.1.3.16/2018) for issuance of electronic money, distribution and redemption of electronic money, execution of payment transactions on a payment account (not covered by a credit line); the authorization was granted on 3 July 2018.
Sibilla Solutions Ltd is not a bank, it can't collect deposits from public or loan out its clients’ money. Hence, it does not have to participate in deposit guarantee schemes. However, Sibilla Solutions is required to safeguard its customers’ money.
Due to EEA passport rules Sibilla Solutions Ltd, can conduct its activities in any of the 30 EEA member states.
Sibilla Solutions Ltd is a SWIFT member.
Sibilla Solutions Ltd is connected to Visa payment card scheme.
27 Pindarou Street, Alpha Business Centre, 7th Floor Block B, 1060, Nicosia, Cyprus
+357 22026900English
Russian
German
Spanish
Italian
Romanian
Ukranian
Estonia
Lithuania
Cyprus
Lithuania
Slovakia
Luxembourg
money transfers and e-wallets 
