Your money is safe with us.

Your money is held in segregated safeguarded client accounts and for this purpose Moneybase selects only top-rated EU credit institutions and custodians.

These accounts are fully segregated at all times from Moneybase’s own, reconciled daily, and shielded from creditors. All money held with Moneybase is held in a segregated clients account and is subject to daily reconciliations and strict internal controls. Your money is never at risk, and will not be affected by any claims made against Moneybase.

When you use the Moneybase app, your funds are held safely across two types of accounts.

All deposits received are held by Moneybase Ltd in segregated client accounts with carefully selected third parties. Unlike banks, Moneybase is not allowed by law to use, lend or re-invest client’s funds. Therefore, in the unlikely event of insolvency, your funds held by Moneybase Ltd are covered in their entirety. Since we safeguard all your funds, Moneybase is not required by the law to adhere to the Depositor Compensation Scheme (DCS) in Malta. These effectively protect a limited amount (€100,000) of your funds in case of default. In contrast, Moneybase is obliged to protect your funds in their entirety.

When you make an investment, funds are transferred from your payment account with Moneybase Ltd to your investment account with Calamatta Cuschieri Investment Services Ltd, which is licensed by the MFSA and a member of the Maltese Investor Compensation Scheme. Calamatta Cuschieri Investment Services Ltd will periodically transfer your unused money balances in your investment account to your payment account with Moneybase Ltd. Money and investments held with CCIS are protected under the Scheme in line with the Investor Compensation Scheme Regulations (S.L. 370.09).

No. Moneybase is not a Credit Institution and can never lend your moeny to others. Moneybase can only provide lending services from its own money and not that of its customers.

We are a licensed Financial Institution authorised by the Malta Financial Services Authority to provide payment services. As a Financial Institution we do not conduct certain services which a Credit Institution typically offers, such as taking customer deposits and granting loans out of those same deposits. Our offering is focused on bringing you the best available technology to make money simple by solving your payments headaches.

Yes, we have passported all our payment and investment services throughout the European Union (EU) and the European Economic Area countries (EEA).

Calamatta Cuschieri Moneybase has been established since 1971. We have a strong diversified business model with an ever growing client base and more than €3 billion in assets under management and administration.

However, in the unlikely event of insolvency we have clear, straightforward, strictly regulated processes in place to ensure that compensation would be made accordingly.

1. Client funds remain ring-fenced and segregated from Moneybase creditors at all times and detailed records are provided to the appointed liquidator to return client funds.
2. Moneybase holds a safeguarding insurance policy underwritten by Lloyd’s and Starr which covers any shortfall in client funds up to €5,000,000 in the highly unlikely event that Moneybase were to face insolvency.Your money is already protected by the safeguarding rules that apply to Moneybase, and we added the insurance to give all our clients additional peace of mind.
   • Additional cover of up to €5,000,000 for any shortfall in client funds
   • Underwritten by Lloyd’s of London and Starr Europe Insurance Limited
   • Paid for the benefit of clients, never to the company
3. In the unlikely event that it is needed, clients may claim under the ICS (up to 90% of net liability, capped at €20,000 per person).

Because Moneybase is a payment institution rather than a credit institution, it is obliged to protect your funds in their entirety ensuring that your money is fully protected through dedicated safeguarding accounts and other measures rather than by the Depositor Compensation Scheme.

Whilst there is no need for any payment intitution to provide its customers with additional insurance coverage, all Moneybase customers are covered with additional complimentary insurance for their peace of mind. More information can be found on our insurance page.