Floodlight isn’t a bank, it’s a finance tech platform.
We are a tech company with an e-money institution (EMI) agent authorization, which means we can offer an array of financial services inside of a focused tech platform made for modern businesses looking to grow.
Our e-money accounts are provided by PayrNet, which is an FCA and Bank of Lithuania licensed EMI.
All the funds in our accounts are safeguarded in banks which means your money will only be withdrawn from your account when you make transactions like payments and transfers.
Your funds are completely separate from Floodlight’s operational, and if Floodlight goes into insolvency, you will receive all of their funds in full.