Who owns Zak?
short answerZak holds its own banking licence, so Zak itself is the bank — customer deposits sit on its own regulated balance sheet rather than with a third-party sponsor.
Is Zak a licensed bank?
Yes — it holds its own banking licence. Licence detail: Operates under Bank Cler's Swiss banking licence (FINMA).
Where is your money held?
Custody model: Custodial — on Zak's own balance sheet as a licensed bank.
No sponsor bank or infrastructure provider is publicly documented for Zak yet. Know one? Suggest it.
Is my money safe with Zak?
As a licensed bank, eligible deposits at Zak are typically protected by the local deposit-guarantee scheme up to the statutory limit (for example FDIC in the US, FSCS in the UK, or the €100,000 EU scheme). Confirm the exact scheme and limit for your country.
go deeperSee the full Zak profile with every verified field, or Zak 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.