Brookwell
Founded by Stable Money Company to bridge on-chain stablecoin yield with everyday banking.
Stablecoin neobank with FDIC-protected checking (via Erebor Bank, N.A.) and custodial high-yield stablecoin savings plus global-spend cards.
The facts
| Category | hybrid |
| HQ | New York, US |
| Founded | 2025 |
| Custody | Custodial |
| Regulation type | Partner-bank model |
| License detail | Partner bank: Erebor Bank, N.A. (Member FDIC) |
| Card | No card |
| Yield | 1% APY checking; up to ~5.5% stablecoin savings |
| Stablecoins | Yes |
| KYC | Yes |
| Active regions | North America, Europe, Latin America, Africa, MENA, Asia, Oceania |
| Founders | Ravi Riley |
Verified links: official site ↗ · terms ↗ · @brookwellapp ↗
Common questions about Brookwell
What is Brookwell?
Brookwell is a fiat-and-crypto neobank, headquartered in New York, US and founded in 2025. Your money is held custodially, so Brookwell or its partner bank holds the balance and you hold a claim on it. It operates on a partner-bank model (Partner bank: Erebor Bank, N.A. (Member FDIC)).
Does Brookwell have a card, and where can you use it?
It issues no card of its own. It is available in all 7 world regions tracked here.
Does Brookwell require KYC?
Yes. Brookwell requires identity verification (KYC) to open an account, as a partner-bank model.
What does Brookwell cost?
From the verified fields: yield 1% APY checking; up to ~5.5% stablecoin savings. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Brookwell before relying on them.
Peers
Revolut · Cash App · Mercado Pago · Mogo · Venmo · Robinhood
Brookwell appears in
Neobanks running on someone else’s banking license (81) · Neobanks available in North America (126) · Neobanks available in Europe (144) · Neobanks available in Asia (132) · Neobanks available in Oceania (72) · Neobanks available in Latin America (113) · Neobanks available in Africa (91) · Neobanks available in MENA (85) · Neobanks with no card of their own (66) · Neobanks in United States (66)
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.