Yes! The funds in your Qapital account are FDIC insured and held with one of our partner banks. Qapital itself is not a bank, therefore it does not have an FDIC insurance number.
If you have a Goals account only, your account is held with one of our partner banks for your benefit. That means your funds are FDIC insured with what's called “pass through insurance” and that each individual customer’s balance is protected by FDIC insurance (up to the limits established by the FDIC). Other funds that a specific customer has on deposit with that partner bank will count against the FDIC limit for that user. All funds held within Qapital are FDIC insured up to a balance of $250,000 per user.
If you have both Spending and Goals accounts with Qapital, your combined accounts are held with one of our partner banks and FDIC insured up to a balance of $250,000.