Qapital: who holds your money

Qapital's disclosure, read on September 5, 2026, describes FDIC pass-through coverage, deposit insurance through partner banks. Coverage depends on customer identification and recordkeeping. It protects eligible deposits when a partner bank closes, not the app company itself. An app closure does not trigger that protection. The visible disclosure and notes provide the programme’s specific conditions.

Current commentary

Qapital is not a chartered bank, and customer money sits at Lincoln Savings Bank, which has letter C among similar-size banks on this site. Deposit insurance comes through Lincoln Savings Bank and can cover each Qapital customer separately, provided Qapital’s records identify each customer. The stated limit is $250,000 per depositor, per insured bank, for each account ownership category, with that recordkeeping condition. Qapital’s disclosure was read on September 5, 2026.