We take the safety and security of your money very seriously.
We only partner with low-risk financial institutions to process your transactions and store your money and comply with rigorous regulatory standards in the countries we operate.
In the US our partner bank is BBVA. BBVA and BBVA Compass are trade names of BBVA USA, a member of the BBVA Group. BBVA USA is a Member FDIC and as such deposits held by BBVA USA are protected by FDIC deposit insurance up to $250,000 per depositor.
In Europe, our partner bank Wirecard Bank AG is authorized by the Federal Financial Supervisory Authority (BaFin). Funds are fully protected by German deposit insurance with statutory protection of 100.000 EUR per depositor. This deposit insurance applies regardless of the account holder's country of residence in the EU.
Lastly, all your Debit card transactions are processed by the MasterCard or Visa networks and adhere to those strict network requirements.
We have some tips and further details on our security measures detailed in our Security Disclosure.