Absolutely. Divvy takes security very seriously and uses similar measures to your bank. We work with Plaid to instantly verify and authenticate your bank funding sources. Your sensitive financial data is not shared with Divvy. A tokenized method is used for facilitating high-value financial data transactions to help protect your identity and your money.
Your Divvy account is created with our partner, Dwolla, Inc., an agent of Veridian Credit Union and Compass Bank. All funds associated with your account in the Dwolla network are held at Veridian Credit Union and Compass Bank.
Dwolla takes protecting data seriously maintaining compliance with the SOC 2 framework. It provides an independent, third-party assurance that Dwolla is taking the appropriate steps to protect their systems and your data. Dwolla leverages machine learning to help recognize bad behavior and employs an in-house analyst team to act on those insights.