Who owns Trustee Plus?
short answerTrustee Plus 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 Trustee Plus builds the product and interface.
Is Trustee Plus a licensed bank?
No — it runs on a sponsor bank (BaaS model). Licence detail: Lithuanian VASP (UAB Trustee Global); pursuing MiCA CASP licence after Jan 2026 wind-down.
Where is your money held?
Custody model: Custodial.
No sponsor bank or infrastructure provider is publicly documented for Trustee Plus yet. Know one? Suggest it.
Is my money safe with Trustee Plus?
Deposits are held by Trustee Plus's sponsor bank, so any insurance flows through that bank rather than Trustee Plus. Check which sponsor holds your balance and whether it is passed through for per-customer coverage.
go deeperSee the full Trustee Plus profile with every verified field, or Trustee Plus 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.