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Openbank profile

Who owns Openbank?

traditional · Madrid, ES · Licensed bank · custody: Custodial

short answerOpenbank holds its own banking licence, so Openbank itself is the bank — customer deposits sit on its own regulated balance sheet rather than with a third-party sponsor.

Is Openbank a licensed bank?

Yes — it holds its own banking licence. Licence detail: Full banking licence within Santander Group (ECB/Bank of Spain); US via Santander Bank N.A..

Where is your money held?

Custody model: Custodial — on Openbank's own balance sheet as a licensed bank.

No sponsor bank or infrastructure provider is publicly documented for Openbank yet. Know one? Suggest it.

Is my money safe with Openbank?

As a licensed bank, eligible deposits at Openbank 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.

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