How We're Designing Gentrove to Protect Families
Gentrove is in development and not yet available. This page explains the design we're building toward. We'll update it with partner names and disclosures before launch.
Licensed partners hold the money
Gentrove is a technology company, not a bank. When we launch, a licensed custodian, which we'll name here, will hold family balances as a regulated digital dollar. Gentrove will never hold or move your money itself; every transfer will be an instruction you authorize, carried out by the licensed partner.
Digital-dollar balances will not be FDIC-insured.
Investing accounts
UTMA accounts will be opened with a registered broker-dealer partner. A custodial Roth IRA will be at that partner or at a major brokerage you open. We'll add the broker's own disclosures here once the partnership is signed. Gentrove will not give investment advice.
Emergency controls
Planned: Gentrove will be able to pause all instructions to partners, and parents will be able to freeze a card.
Children's data
We're designing for COPPA. Before launch we'll publish a privacy notice, and we'll get verifiable parental consent before collecting any information about a child. Kids' profiles will hold only what's needed, and kid mode will have no free-text messages or sharing outside the family.
Identity checks
Every parent will verify their identity with our licensed partner before any money can move. Our licensed partners will monitor transactions as the law requires. Gift links will have per-gift and daily limits.
What Gentrove is — and what it isn't
Gentrove is
Gentrove is not
Found a security issue? Email security@gentrove.app.