← back
Jupiter profile

Who owns Jupiter?

traditional · Mumbai, IN · Partner-bank model · custody: Custodial

short answerJupiter is not itself a bank. It runs on a partner-bank (BaaS) model and works with Federal Bank — the licensed bank that actually holds customer deposits behind the app. Jupiter's most notable disclosed backers include Peak XV Partners, Z47 (Matrix India), Tiger Global and QED Investors.

Is Jupiter a licensed bank?

No — a partner bank (Federal Bank) holds the money. Licence detail: Partner bank (Federal Bank); RBI PPI licence via parent Amica Financial Technologies.

Where is your money held?

Custody model: Custodial.

Jupiter runs on: Federal Bank (BIN sponsor bank) · M2P Fintech (BaaS middleware). Full stack on the infra map.

Who's behind Jupiter?

Jupiter was founded by Jitendra Gupta (2019), headquartered in Mumbai, IN.

Early investors

Notable venture and strategic investors from Jupiter's publicly disclosed funding rounds (~$160M raised).

Peak XV Partners ↗ Z47 (Matrix India) ↗ Tiger Global ↗ QED Investors ↗

Is my money safe with Jupiter?

Your money is held by Federal Bank, so any deposit insurance flows through that sponsor bank — not Jupiter itself. Check the sponsor's scheme and whether balances are "passed through" for per-customer insurance.

go deeperSee the full Jupiter profile with every verified field, or Jupiter 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.