Who owns MYbank?
Is MYbank a licensed bank?
Yes — it holds its own banking licence. Licence detail: Private bank licence (CN).
Where is your money held?
Custody model: Custodial — on MYbank's own balance sheet as a licensed bank.
No sponsor bank or infrastructure provider is publicly documented for MYbank yet. Know one? Suggest it.
Who's behind MYbank?
MYbank was founded by Ant Group-led (2015), headquartered in Hangzhou, CN.
Early investors
Is my money safe with MYbank?
As a licensed bank, eligible deposits at MYbank are typically protected by the local deposit-guarantee scheme up to the statutory limit (for example FDIC in the US, FSCS in the UK, or the €100,000 EU scheme). Confirm the exact scheme and limit for your country.
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.