Malta
activeNeobankBroker
- HQ
- Sliema / Brussels
- Fee
- Savings / investment packaging — confirm live
Moneybase
Maltese financial institution, not a credit institution. Segregated client funds. Not DCS bank deposits.
Legal entity: Moneybase — MFSA licensed financial institution (not a credit institution)
Rate this app
6.8Mixed
AlternativesFive questions
At a glance
Is it a bank?
No. Not a deposit-taking bank. Holder / issuer: Segregated at Central Bank of Malta and EU credit institutions (Moneybase’s own page).
If it fails?
Official safety page: Moneybase is not a credit institution. Licensed financial institution authorised by the MFSA to provide payment services. Customer funds are banked in segregated client accounts with the Central Bank of Malta and credit institutions in AAA countries. That is safeguarding, not the Maltese Depositor Compensation Scheme for banks. MeDirect is the bank file on this market.
Salary?
A payment-institution IBAN is not automatically a salary account. Many employers will not pay it. Confirm.
Open from abroad?
KYC gated. An App Store listing is not an EU passport by itself.
Monthly fee
Confirm live
Account number
Malta (payment account — not a credit-institution IBAN)
NeoBankDBVerdict
Licence first · score second
6.8
/10 · Mixed
Moneybase’s safety page is the review: they are not a credit institution; they are an MFSA-licensed financial institution for payment services; client funds sit in segregated accounts at the Central Bank of Malta and EU credit institutions. That is safeguarding. The Maltese Depositor Compensation Scheme up to €100,000 is for banks. MeDirect Bank (Malta) plc is the bank on this market. If a directory called Moneybase a neobank deposit, it lied. Use it as a payments account. Keep salary at a credit institution if you need DCS.
What it is
Malta’s EMI/FI scene is full of IBANs that look local. Moneybase at least prints the class. Score the class.
Best for: People who want a Maltese EUR payment account and understand it is not a bank deposit.
Last checked 2026-09-02. Not advice.
What it does well
- +Official ‘not a credit institution’ line
- +MFSA authorised
- +Segregated accounts named (Central Bank of Malta + EU banks)
- +MeDirect remains the bank alternative
What to watch
- −Not DCS bank deposits
- −Not MeDirect
- −Safeguarding ≠ deposit guarantee
- −Residency / KYC still gated
Legal entity, not the app icon
Who is behind it
- Legal name
- Moneybase — MFSA licensed financial institution (not a credit institution)
The product, not the brand colour
The account
- Platforms
- iOS · Android · Web
- Account types
- Payment account
- Partner bank
- Central Bank of Malta / EU credit institutions — segregated clients
- Availability
- Malta / EEA as passported — confirm live
- IBAN country
- Malta (payment account — not a credit-institution IBAN)
- Remote open
- KYC gated. An App Store listing is not an EU passport by itself.
- Salary / payroll
- A payment-institution IBAN is not automatically a salary account. Many employers will not pay it. Confirm.
- Local rails
- SEPA via the payment account — not DCS
How money actually moves
- Who holds the cash
- Issued / held via Segregated at Central Bank of Malta and EU credit institutions (Moneybase’s own page)
- How money moves
- IBAN / SEPA
- Built for
- Personal
- Settlement
- Local rails instant where live; SWIFT slower
- Freeze risk
- Fintech reviews can pause inbound while they check a transfer
- Card
- mastercard · physical · virtual · Apple Pay · Google Pay
Licence first
Safety
Official safety page: Moneybase is not a credit institution. Licensed financial institution authorised by the MFSA to provide payment services. Customer funds are banked in segregated client accounts with the Central Bank of Malta and credit institutions in AAA countries. That is safeguarding, not the Maltese Depositor Compensation Scheme for banks. MeDirect is the bank file on this market.
Holder / issuer: Segregated at Central Bank of Malta and EU credit institutions (Moneybase’s own page)
- MFSAFinancial institution (payment services) — not a credit institution · Malta
Fees
- Monthly
- Confirm live
- FX markup
- Confirm live
- ATM
- Confirm live
Features
- ✓IBAN
- –Fee-free core
- –Multi-currency
- ✓Apple Pay
- ✓Google Pay
- ✓Virtual card
- ✓Physical card
- –Metal card
- –Crypto
- –Stocks
- –Business
- –Kids
- –Halal
- MFSA financial institution
- EUR payment account
- Segregated client funds
- Not a bank
Before you tap Sign up
How to open
Step 1
Name the class
MFSA financial institution. Not a credit institution. Not DCS.
Step 2
KYC
In-app / web identity. Residency rules sit with Moneybase.
Step 3
Keep a bank IBAN for salary
MeDirect is the bank file in Malta. Do not assume payroll will hit a PI account.
Operator documents
Their own papers
These are the operator’s documents. They outrank this review if they disagree.
Score
- Safety25%
- 6.8
- Fees20%
- 7.0
- Features15%
- 7.2
- App15%
- 7.6
- Global15%
- 5.4
- Support10%
- 6.8
Change log
Full logLicence
Moneybase is an MFSA financial institution, not a credit institution
Official safety page: not a credit institution. Client funds segregated at the Central Bank of Malta and EU banks.
Available in
Straight answers
FAQ
01Is Moneybase a bank?
Moneybase is not a licensed deposit-taker in the classic sense. Money, if any, sits with Segregated at Central Bank of Malta and EU credit institutions (Moneybase’s own page).
02How is money protected?
Official safety page: Moneybase is not a credit institution. Licensed financial institution authorised by the MFSA to provide payment services. Customer funds are banked in segregated client accounts with the Central Bank of Malta and credit institutions in AAA countries. That is safeguarding, not the Maltese Depositor Compensation Scheme for banks. MeDirect is the bank file on this market.
03Where is Moneybase available?
We list 1 market on NeoBankDB. Residency and onboarding rules still sit with Moneybase.
04Card and wallets?
mastercard · physical · virtual · Apple Pay · Google Pay
05Can I open Moneybase remotely?
KYC gated. An App Store listing is not an EU passport by itself.
06Where is the Moneybase IBAN issued?
Malta (payment account — not a credit-institution IBAN). The issuing country of the number is not the brand HQ.
07What is the legal name behind Moneybase?
Moneybase — MFSA licensed financial institution (not a credit institution). Read the entity on the statement, not the app icon.
08Can I receive salary on Moneybase?
A payment-institution IBAN is not automatically a salary account. Many employers will not pay it. Confirm.
09Is Moneybase a bank?
No. Official: Moneybase is not a credit institution. MFSA-licensed financial institution. Client funds are segregated, not DCS bank deposits.
Ratings and reviews
No published user reviews yet. The NeoBankDB score still comes from licence, fees, and the product — not from an empty star average.
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