Add cards to mobile wallets with one line of code using our newest White-Label Component. Learn more.
Question

Where do my customers’ funds sit?

Last updated:

September 12, 2023

1 minute

Answer

When you onboard with Unit, you’ll be paired with one or more bank partners. When your customers deposit funds via your app or website, those funds will be held in FDIC-insured bank accounts with your bank partner(s). (article continues below)

Originally published:
July 17, 2023

Recommended articles

Are Unit-powered bank accounts covered by FDIC insurance?
Does Unit offer high-yield accounts?
How do joint accounts work?

Bring financial features to life and start building — today