Who owns Douugh?
short answerDouugh 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 Douugh builds the product and interface.
Is Douugh a licensed bank?
No — it runs on a sponsor bank (BaaS model). Licence detail: Partner banks (Regional Australia Bank; US via Choice Bank).
Where is your money held?
Custody model: Custodial.
No sponsor bank or infrastructure provider is publicly documented for Douugh yet. Know one? Suggest it.
Is my money safe with Douugh?
Deposits are held by Douugh's sponsor bank, so any insurance flows through that bank rather than Douugh. Check which sponsor holds your balance and whether it is passed through for per-customer coverage.
go deeperSee the full Douugh profile with every verified field, or Douugh 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.