Who owns Fyrst?
short answerFyrst 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 Fyrst builds the product and interface.
Is Fyrst a licensed bank?
No — it runs on a sponsor bank (BaaS model). Licence detail: Brand of Deutsche Bank AG — full German banking licence (ECB/BaFin); Postbank rails.
Where is your money held?
Custody model: Custodial.
No sponsor bank or infrastructure provider is publicly documented for Fyrst yet. Know one? Suggest it.
Is my money safe with Fyrst?
Deposits are held by Fyrst's sponsor bank, so any insurance flows through that bank rather than Fyrst. Check which sponsor holds your balance and whether it is passed through for per-customer coverage.
go deeperSee the full Fyrst profile with every verified field, or Fyrst 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.