Is MoneyBeat a bank?
No. MoneyBeat is a technology platform operated by Moneybeat Group UAB (Lithuania). We are not a bank and do not hold deposits like a bank.
Regulated electronic money and payment services are provided by our partner SEFIDE EDE, S.L.U., authorised and supervised by the Bank of Spain (registration no. 6705).
Is my money safe?
Yes. Under EU payment rules, client money is held in safeguard accounts with banks supervised by the Bank of Spain, kept separate from MoneyBeat's own funds.
Who can open an account?
Individuals and registered businesses can sign up. Personal accounts complete KYC. Business accounts complete KYB.
More detail is on our website: https://moneybeat.eu/en