Who owns MoCaFi?
short answerMoCaFi is not itself a bank. It runs on a partner-bank (BaaS) model and works with Sunrise Banks — the licensed bank that actually holds customer deposits behind the app.
Is MoCaFi a licensed bank?
No — a partner bank (Sunrise Banks) holds the money. Licence detail: Partner bank (Sunrise Banks, N.A., Member FDIC) for accounts and Mastercard debit.
Where is your money held?
Custody model: Custodial.
MoCaFi runs on: Sunrise Banks (BIN sponsor bank). Full stack on the infra map.
Who's behind MoCaFi?
MoCaFi was founded by Wole Coaxum (2016), headquartered in New York, US.
Is my money safe with MoCaFi?
Your money is held by Sunrise Banks, so any deposit insurance flows through that sponsor bank — not MoCaFi itself. Check the sponsor's scheme and whether balances are "passed through" for per-customer insurance.
go deeperSee the full MoCaFi profile with every verified field, or MoCaFi 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.