Who owns Shield?

hybrid · Miami, US · Partner-bank model · custody: Custodial

short answerShield is not itself a bank. It runs on a partner-bank (BaaS) model, where a licensed sponsor bank holds the deposits behind the app while Shield builds the product and interface.

Is Shield a licensed bank?

No — it runs on a sponsor bank (BaaS model). License detail: Partner banks (Cross River Bank, Lead Bank) via licensed partners incl. Bridge (NMLS 2450917); FinCEN-registered MSB; card issued by First Internet Bank of Indiana via CapitalOS.

Where is your money held?

Custody model: Custodial.

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

Who's behind Shield?

Shield was founded by Emmanuel Udotong, Isaiah Udotong, Luis Carchi (2022), headquartered in Miami, US.

Is my money safe with Shield?

Deposits are held by Shield's sponsor bank, so any insurance flows through that bank rather than Shield. Check which sponsor holds your balance and whether it is passed through for per-customer coverage.

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