Who holds your money, and who issues the card.

Casa is the app. Accounts, balances and the card come from partners, each with their own role. Here is who does what, in their own words.

Where your money goes

From your phone to their card.

Casa
Casa Family, Inc. · Delaware corporation · New York, NY
Builds the app you send and spend with: your family, sends, alerts and invites. Casa is not a bank and never holds your money.
Whop
Whop Inc. · Brooklyn, NY
Provides your account, your balance, sending between accounts, identity checks and the technology behind the card. In its terms, Whop says it “is not a financial institution” and that “all payment services are provided by third-party payment service providers and their bank partners.”
Whop’s financial partners
Payment providers and their partner banks
Hold the money. Whop’s terms say a balance is held for your benefit “with a partner bank (Member FDIC) in the United States, and with other financial partners in other countries.”
Third National
Card issuer
Issues the card. Whop’s card terms say Whop “is the technology provider for the card but is not the issuer, creditor or lender.” Cards run on the Visa network.
Identity checks
Through Whop
Whop checks who you are using third-party identity verification services. Casa never receives your ID documents.

Deposit insurance: Your balance is not FDIC insured. In Whop’s words, “Your Whop Balance is not FDIC insured in the United States.”
Card account: A secured account. Under the cardholder agreement, it is backed by collateral held in a linked wallet.
Eligibility: Cards need an identity check and the issuer’s approval, and they aren’t available in every country or US state.
Terms: When you open an account or a card, the partners’ own terms apply, alongside Casa’s terms and privacy page.

Checked against Whop’s terms on 12 October 2026. Questions about who holds your money? Write to hola@casa.family.