Who owns Branch?

traditional · Minneapolis, US · Partner-bank model · custody: Custodial

short answerBranch is not itself a bank. It runs on a partner-bank (BaaS) model and works with Evolve Bank & Trust and Lead Bank — the licensed banks that actually hold customer deposits behind the app.

Is Branch a licensed bank?

No — a partner bank (Evolve Bank & Trust and Lead Bank) holds the money. License detail: Partner banks (Lead Bank; Evolve Bank & Trust); Mastercard debit for workforce payouts.

Where is your money held?

Custody model: Custodial.

Branch runs on: Evolve Bank & Trust (BIN sponsor bank) · Lead Bank (BIN sponsor bank). Full stack on the infra map.

Who's behind Branch?

Branch was founded by Atif Siddiqi (2015), headquartered in Minneapolis, US.

Is my money safe with Branch?

Your money is held by Evolve Bank & Trust and Lead Bank, so any deposit insurance flows through that sponsor bank — not Branch itself. Check the sponsor's scheme and whether balances are "passed through" for per-customer insurance.

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.