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Haventree Bank

traditional · Toronto, CA · est. 2018 · open in the directory →

short answerHaventree Bank is a fiat neobank, headquartered in Toronto, CA and founded in 2018. Your money is held custodially, so Haventree Bank or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (Schedule I Canadian bank (CDIC member)). It issues no card of its own. It is available in North America.

A broker-channel alternative mortgage lender that built its own platform to go direct-to-consumer as a complementary savings home.

Schedule I Canadian bank (ex Equity Financial Trust) that launched a direct-to-consumer digital bank in 2026 with a 2.5% growth account and CDIC-insured GICs.

The facts

Categorytraditional
HQToronto, CA
Founded2018
CustodyCustodial
Regulation typeLicensed bank
License detailSchedule I Canadian bank (CDIC member)
CardNo card
Yield2.5% Everyday Growth Account
StablecoinsNo
KYCYes
Active regionsNorth America
CountriesCanada

Verified links: official site ↗

Common questions about Haventree Bank

What is Haventree Bank?

Haventree Bank is a fiat neobank, headquartered in Toronto, CA and founded in 2018. Your money is held custodially, so Haventree Bank or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (Schedule I Canadian bank (CDIC member)).

Does Haventree Bank have a card, and where can you use it?

It issues no card of its own. It is available in North America.

Does Haventree Bank require KYC?

Yes. Haventree Bank requires identity verification (KYC) to open an account, as a licensed bank.

What does Haventree Bank cost?

From the verified fields: yield 2.5% Everyday Growth Account. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Haventree Bank before relying on them.

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comparePut Haventree Bank side by side with any of the other 378 tracked neobanks in the directory — custody, license, cashback, yield, stablecoins and geography in one view.

Who owns Haventree Bank?  ·  Haventree Bank alternatives

Peers

Chime · Wise · Varo · Current · SoFi · Ally Bank

Haventree Bank appears in

Neobanks that hold their own banking license (132) · Neobanks available in North America (126) · Neobanks with no card of their own (66) · Neobanks in Canada (6)

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.