Who owns albo?
Is albo a licensed bank?
Yes — it holds its own banking licence. Licence detail: IFPE licence (CNBV, Mexico, 2022) — e-money institution under Ley Fintech.
Where is your money held?
Custody model: Custodial — on albo's own balance sheet as a licensed bank.
No sponsor bank or infrastructure provider is publicly documented for albo yet. Know one? Suggest it.
Who's behind albo?
albo was founded by Ángel Sahagún (2016), headquartered in Mexico City, MX.
Early investors
Is my money safe with albo?
As a licensed bank, eligible deposits at albo are typically protected by the local deposit-guarantee scheme up to the statutory limit (for example FDIC in the US, FSCS in the UK, or the €100,000 EU scheme). Confirm the exact scheme and limit for your country.
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.