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Algbra profile

Who owns Algbra?

traditional · London, UK · E-money institution · custody: Custodial

short answerAlgbra is an e-money institution, not a bank. Customer money is safeguarded in segregated accounts at partner banks rather than held as insured deposits.

Is Algbra a licensed bank?

No — it is an e-money institution. Licence detail: E-money institution (FCA, FRN 952360, UK).

Where is your money held?

Custody model: Custodial.

No sponsor bank or infrastructure provider is publicly documented for Algbra yet. Know one? Suggest it.

Who's behind Algbra?

Algbra was founded by Zeiad Idris, Fizel Nejabat (2020), headquartered in London, UK.

Is my money safe with Algbra?

As an e-money institution, Algbra safeguards funds in segregated accounts rather than insuring them as deposits. That protection works differently from a bank — money is generally not covered by deposit-guarantee schemes, though it must be ring-fenced from the company's own funds.

go deeperSee the full Algbra profile with every verified field, or Algbra 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.