Which institutions regulate Nomad's activities?

Checking Account:

The Nomad checking account is opened in partnership with an American bank, Evolve Bank & Trust, a member of the FDIC (American Federal Agency) which insures amounts of up to US$ 250,000 in American bank accounts.

To learn more about the FDIC, click here.

To learn more about Evolve Bank & Trust, click here.

Investment Account:

The Nomad investment account is opened in partnership with the investment brokerage, Drivewealth, regulated by FINRA (American Financial Industry Regulatory Authority).

We are also licensed by the SEC (Securities and Exchange Commissions), which is a US agency that licenses companies to provide investment advice.

To learn more about FINRA, click here.

To search for the broker on FINRA database, click here.

To learn more about the SEC, click here.

Remittance:

Nomad acts as a banking correspondent for Banco Ourinvest to carry out exchange operations in the application.

This activity is regulated by the Central Bank of Brazil through National Monetary Council Resolution 3954/2011.

To learn more about the Resolution, click here.