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Parpera profile

Who owns Parpera?

traditional · Sydney, AU · Payment institution · custody: Custodial

short answerParpera is a payment institution, not a bank. Customer money is safeguarded in segregated accounts at partner banks rather than held as insured deposits.

Is Parpera a licensed bank?

No — it is a payment institution. Licence detail: AFSL authorised representative (MSC Advisory AFSL 480649); accounts issued by Wise Australia (AFSL 513764).

Where is your money held?

Custody model: Custodial.

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

Who's behind Parpera?

Parpera was founded by Daniel Cannizzaro (2020), headquartered in Sydney, AU.

Is my money safe with Parpera?

As a payment institution, Parpera 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 Parpera profile with every verified field, or Parpera 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.