Who owns buddybank?
Is buddybank a licensed bank?
Yes — it holds its own banking licence. Licence detail: UniCredit S.p.A. digital service — operates under UniCredit's Italian banking licence (ECB supervised).
Where is your money held?
Custody model: Custodial — on buddybank's own balance sheet as a licensed bank.
No sponsor bank or infrastructure provider is publicly documented for buddybank yet. Know one? Suggest it.
Is my money safe with buddybank?
As a licensed bank, eligible deposits at buddybank are typically protected by the local deposit-guarantee scheme up to the statutory limit (for example FDIC in the US, FSCS in the UK, or the €100,000 EU scheme). Confirm the exact scheme and limit for your country.
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.