Instant vs Verified

Two levels, one account

Fundly has two verification levels. They are not the same thing as the Free, Plus and Premium plans, which are subscriptions you can pick at any level. See Plans: Free, Plus and Premium.

• Instant is what you get right after sign-up with an email, a phone number, a country check, device checks and sanctions screening. It gives you a virtual Instant card with limits.
• Verified means you have completed full identity verification with a government ID and, where required, proof of address. It gives you higher limits, a physical card and a EUR IBAN account.

Side by side

Why the Instant card has limits

Instant cards have monthly limits set by our partner and regulators. Those limits are exactly what allows us to issue a card with a light sign-up. This is a regulated product with a simplified due diligence tier, not an unregulated one. The limits are set by [PARTNER] and may be adjusted over time.

When to stay on Instant

• You want to try Fundly with a small amount first.
• You mainly pay for subscriptions, online shopping or occasional travel.
• Your total spend is comfortably under the monthly limit.

When to verify

• You want to receive salary or client payments by SEPA transfer.
• You want a physical card for shops, restaurants and ATMs.
• You spend more than the Instant limit in a month.
• You want to use Fundly as your main everyday account.

Verification takes a few minutes with a valid passport, national ID card or driving licence. See Documents we accept and Why we verify.

Moving between levels

You can move from Instant to Verified at any time from the Fundly web app at app.fundly.xyz. Your card, balance and history stay the same. There is no fee for verification. The upgrade steps are in Upgrading from Instant to Verified.

You cannot move from Verified back to Instant. If you close your account, any remaining balance is returned to you by the method described in Terms and policies.