---
title: "Is Moneda a bank, and does it hold my funds?"
description: "No. Moneda is a financial technology service provider offering a non-custodial wallet interface for managing stablecoins and accessing third-party DeFi…"
url: https://moneda.com/faqs/terms-of-service-tos-overview-self-custody
lang: en
---

# Is Moneda a bank, and does it hold my funds?

> No. Moneda is a financial technology service provider offering a non-custodial wallet interface for managing stablecoins and accessing third-party DeFi…

Source: https://moneda.com/faqs/terms-of-service-tos-overview-self-custody

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No. Moneda is a financial technology company, not a bank. The Moneda app gives you a self-custodial account for digital assets such as USD and EUR stablecoins, an AI assistant (Moneda AI) that researches markets and helps you manage your account, and access to services provided by third parties: virtual accounts and payments, trading in tokenised shares and exchange-traded funds, trading in crypto-assets, and earning on your balance through third-party DeFi protocols. Each of those services is provided by the relevant provider under its own terms. Moneda does **not** provide regulated financial or custodial services and does not manage, control or hold your assets. Your wallets and transactions are fully self-custodial: transactions happen directly between you and the relevant blockchain network, and Moneda cannot control, modify or reverse them. Only you hold your credentials, such as your Passkeys.