C24 Bank
CHECK24's digital bank.
- Who holds it
- A sponsor bank behind the brand — not the app you signed up with — Full German banking license (BaFin); CHECK24 subsidiary.
- The ledger
- Split between a program manager and the sponsor bank — the modular setup that broke in Synapse.
- If it fails
- Any claim runs through the sponsor bank, and only works if the two ledgers reconcile.
Derived from C24 Bank’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| HQ | Frankfurt, DE |
| Founded | 2020 |
| Custody | Custodial |
| Regulation type | Partner-bank model |
| License detail | Full German banking license (BaFin); CHECK24 subsidiary |
| Card | MC · Debit |
| Yield | Interest on balance |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Europe |
Verified links: official site ↗
Common questions about C24 Bank
What is C24 Bank?
C24 Bank is a fiat neobank, headquartered in Frankfurt, DE and founded in 2020. Your money is held custodially, so C24 Bank or its partner bank holds the balance and you hold a claim on it. It operates on a partner-bank model (Full German banking license (BaFin); CHECK24 subsidiary).
Does C24 Bank have a card, and where can you use it?
It issues a Mastercard debit card. It is available in Europe.
Does C24 Bank require KYC?
Yes. C24 Bank requires identity verification (KYC) to open an account, as a partner-bank model.
What does C24 Bank cost?
From the verified fields: yield Interest on balance. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with C24 Bank before relying on them.
Peers
Monzo · Wise · Starling Bank · Atom Bank · Zopa Bank · Chase UK
C24 Bank appears in
Neobanks running on someone else’s banking license (81) · Neobanks available in Europe (144) · Neobanks that issue a Mastercard (150) · Neobanks in Germany (8)
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.