Who owns Yolat?
short answerYolat is regulated as a crypto-asset service under VASP / MSB / crypto licenses, not a bank. It is not a deposit-taking institution; how balances are held depends on its custody model (Custodial).
Is Yolat a licensed bank?
No — it is licensed as a crypto / VASP service, not a bank. License detail: FINTRAC MSB + Bank of Canada RPAA PSP (CA); IMTO (CBN, NG).
Where is your money held?
Custody model: Custodial.
No sponsor bank or infrastructure provider is publicly documented for Yolat yet. Know one? Suggest it.
Who's behind Yolat?
Yolat was founded by Toyosi Abolarin (2024), headquartered in Lagos, NG.
Is my money safe with Yolat?
Yolat is not a bank, so deposit-guarantee schemes do not apply. Crypto and cash balances are handled under its VASP/e-money obligations — check its terms for exactly how client assets are segregated and safeguarded.
go deeperSee the full Yolat profile with every verified field, or Yolat 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.