Who owns Brookwell?
short answerBrookwell 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 Brookwell builds the product and interface.
Is Brookwell a licensed bank?
No — it runs on a sponsor bank (BaaS model). License detail: Partner bank: Erebor Bank, N.A. (Member FDIC).
Where is your money held?
Custody model: Custodial.
No sponsor bank or infrastructure provider is publicly documented for Brookwell yet. Know one? Suggest it.
Who's behind Brookwell?
Brookwell was founded by Ravi Riley (2025), headquartered in New York, US.
Is my money safe with Brookwell?
Deposits are held by Brookwell's sponsor bank, so any insurance flows through that bank rather than Brookwell. Check which sponsor holds your balance and whether it is passed through for per-customer coverage.
go deeperSee the full Brookwell profile with every verified field, or Brookwell 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.