Who owns Indy?
short answerIndy is an e-money institution, not a bank. Customer money is safeguarded in segregated accounts at partner banks rather than held as insured deposits. Indy's most notable disclosed backers include Singular.
Is Indy a licensed bank?
No — it is an e-money institution. Licence detail: Accounts via Swan, ACPR-licensed e-money institution (France); French IBAN.
Where is your money held?
Custody model: Custodial.
Indy runs on: Swan (BaaS / e-money platform). Full stack on the infra map.
Early investors
Is my money safe with Indy?
As an e-money institution, Indy safeguards funds in segregated accounts rather than insuring them as deposits. That protection works differently from a bank — money is generally not covered by deposit-guarantee schemes, though it must be ring-fenced from the company's own funds.
go deeperSee the full Indy profile with every verified field, or Indy 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.