Comment by 15457345234

Money in banks is insured and access to it is somewhat regulated. The problem this person has is that the company they're using as a 'bank' isn't actually a bank.

Keep your money in banks. Regulated, established, FDIC (or similar) insured banks. Or in bonds. Or in mutual funds or whatever. Don't keep it with 'fintech' companies that specifically mention on their website that they aren't banks.