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nsave
Open a secure USD account with nsave.com. Enjoy free ACH transfers and send money home to Egypt, Bangladesh, Pakistan & Nigeria, and get your Virtual...
nsave
Open a secure USD account with nsave.com. Enjoy free ACH transfers and send money home to Egypt, Bangladesh, Pakistan & Nigeria, and get your Virtual Mastercard built for freelancers and global remote workers.
General information
Firm type
FinTech
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
London, United Kingdom
Principals
Amer Baroudi
Co-Founder & CEO
Abdallah Abu Sheikh
Co-Founder
Sector focus
Frequently asked questions
Who runs nsave and what is their background?
nsave was co-founded by Amer Baroudi and Abdallah Abu Sheikh. Both founders cite personal experience with financial exclusion in unstable economies as the catalyst for the firm (per the company's about page). The broader management team is lean and based in London, focused on product, compliance, and market expansion.
How does nsave legally offer US accounts to non-residents?
The firm operates through a sponsor bank arrangement to offer FDIC-eligible accounts, while handling KYC and compliance for non-resident individuals. This regulatory posture places it in a narrow category between neobanks and remittance providers — a lane most fintechs avoid because of the compliance burden in non-OECD jurisdictions.
What financial products are bundled into the nsave account?
The core product bundles a USD demand account with an ACH routing number, free inbound transfers, an outbound remittance corridor to select countries, fractional US equities and ETFs, and a Virtual Mastercard for spending. This makes it a multi-rail consumer product rather than a standalone cash or brokerage account.
Is nsave a bank?
No. nsave is not a chartered bank. It offers accounts via a sponsor bank relationship, and accounts held through that partner are FDIC-eligible up to applicable limits. The regulatory wrapper is closer to a fintech program manager than a deposit-taking institution.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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