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Banxa is a financial technology platform. Banxa is not an FDIC-insured Bank or depositary taking institution. In the USA, banking services for the placement of deposits where the customers' funds may be placed are provided by BankProv, Member FDIC. Deposit insurance coverage only protects against the failure of an FDIC insured depository institution. Crypto assets and funds stored in a non-bank digital wallet are not insured by the FDIC, are not deposits, and may lose value.

EU Internet Ventures is authorized as a crypto-asset service provider under Regulation (EU) 2023/1114 (MiCA) by the Autoriteit Financiële Markten (AFM), Vijzelgracht 50, 1017 HS Amsterdam.

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