Your money is protected by the security protocol of the best auditors and security practices. This is not the same as FDIC insurance. Since Glow is not a regular bank, your balance is not covered by the FDIC. This is the norm in the most popular apps you use every day. When you have money in Venmo, Paypal or Cash App, you trade away FDIC coverage for convenience and new capabilities, like the ones we are able to offer you with Glow.