Who owns Branch?
short answerBranch 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 Branch builds the product and interface.
Is Branch a licensed bank?
No — it runs on a sponsor bank (BaaS model). Licence detail: Partner banks (Lead Bank; Evolve Bank & Trust); Mastercard debit for workforce payouts.
Where is your money held?
Custody model: Custodial.
No sponsor bank or infrastructure provider is publicly documented for Branch yet. Know one? Suggest it.
Who's behind Branch?
Branch was founded by Atif Siddiqi (2015), headquartered in Minneapolis, US.
Is my money safe with Branch?
Deposits are held by Branch's sponsor bank, so any insurance flows through that bank rather than Branch. Check which sponsor holds your balance and whether it is passed through for per-customer coverage.
go deeperSee the full Branch profile with every verified field, or Branch 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.