Satispay Europe, as an authorised electronic money institution, does not lend its users' money to other persons or businesses.
Under applicable European regulations, we are required to protect your funds and must keep them separate from our assets. This is why your money is separate from the funds we use for our day-to-day business operations and cannot be attacked by Satispay's creditors in the event of insolvency.
Currently, we have deposited the money received from your bank account:
· in segregated accounts at Italian and Luxembourgish banking institutions;
· in low-risk liquid assets (specifically, a money market fund) with Goldman Sachs.