Who owns Albert?
short answerAlbert is not itself a bank. It runs on a partner-bank (BaaS) model, where a licensed sponsor bank holds the deposits behind the app while Albert builds the product and interface. Albert's most notable disclosed backers include CapitalG, General Atlantic and QED Investors.
Is Albert a licensed bank?
No — it runs on a sponsor bank (BaaS model). Licence detail: Partner banks (Sutton Bank, Stride Bank; savings via Coastal Community Bank, Wells Fargo).
Where is your money held?
Custody model: Custodial.
No sponsor bank or infrastructure provider is publicly documented for Albert yet. Know one? Suggest it.
Early investors
Is my money safe with Albert?
Deposits are held by Albert's sponsor bank, so any insurance flows through that bank rather than Albert. Check which sponsor holds your balance and whether it is passed through for per-customer coverage.
go deeperSee the full Albert profile with every verified field, or Albert alternatives. Raw fields: data.json.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.