Fyrst
Deutsche Bank's SMB digital brand.
- Who holds it
- A sponsor bank behind the brand — not the app you signed up with — Brand of Deutsche Bank AG — full German banking license (ECB/BaFin); Postbank rails.
- 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 Fyrst’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 · SMB & startups |
| HQ | Bonn, DE |
| Founded | 2019 |
| Custody | Custodial |
| Regulation type | Partner-bank model |
| License detail | Brand of Deutsche Bank AG — full German banking license (ECB/BaFin); Postbank rails |
| Card | Visa · Business debit |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Europe |
Verified links: official site ↗
Common questions about Fyrst
What is Fyrst?
Fyrst is a fiat neobank built for SMB & startups, headquartered in Bonn, DE and founded in 2019. Your money is held custodially, so Fyrst or its partner bank holds the balance and you hold a claim on it. It operates on a partner-bank model (Brand of Deutsche Bank AG — full German banking license (ECB/BaFin); Postbank rails).
Does Fyrst have a card, and where can you use it?
It issues a Visa business debit card. It is available in Europe.
Does Fyrst require KYC?
Yes. Fyrst requires identity verification (KYC) to open an account, as a partner-bank model.
Peers
Monzo · Wise · Starling Bank · Atom Bank · Zopa Bank · Chase UK
Fyrst appears in
Neobanks running on someone else’s banking license (81) · Neobanks available in Europe (144) · Neobanks for small businesses and startups (33) · Neobanks that issue a Visa card (182) · 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.