Who owns Pockit?
Is Pockit a licensed bank?
No — it is an e-money institution. Licence detail: E-money via FCA-authorised EMIs (Modulr, PSI-Pay); owns Monese's EMI licence.
Where is your money held?
Custody model: Custodial.
Pockit runs on: Modulr (BaaS / e-money platform). Full stack on the infra map.
Who's behind Pockit?
Pockit was founded by Virraj Jatania (2014), headquartered in London, UK.
Is my money safe with Pockit?
As an e-money institution, Pockit 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.
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.