Duo is not a bank
Duo Finance is a financial technology company, not a bank or a money transmitter. We provide software that reads and organizes accounts you already hold elsewhere. We don’t take deposits, issue accounts, or lend money.
Where your money is held
Your funds stay in deposit accounts at your own bank or, where applicable, a partner financial institution. Any FDIC insurance is provided by that chartered institution, subject to its terms and limits, not by Duo. Duo itself is not FDIC-insured.
How bank connections work
Account connections are powered by Plaid, and transaction details are enriched by triq.ai. We access your data only with your permission and only to provide the service. Connecting or disconnecting Duo never changes your underlying bank account.
Not financial, tax, or legal advice
Everything in Duo — budgets, recaps, forecasts, suggested splits, and even-up amounts — is for informational and budgeting purposes only. It is not a recommendation, and it is not tax, legal, accounting, or investment advice. For those, talk to a qualified professional.
AI limitations
Duo AI generates summaries and forecasts that can be inaccurate or incomplete. Predictions are estimates based on past activity, not guarantees of future results. Always confirm figures before acting on them.
Splits & transfers
Funding splits (50/50, 60/40, custom) are budgeting targets you choose; they have no legal effect on ownership of funds. “Even-up” simply initiates a transfer between accounts you’ve linked, and only after a person confirms it. Transfer timing and limits are set by your bank and our payment partners.
Beta features & the APIBeta
Our headless API and agent (MCP) access are in beta and may change, break, or be limited. Access is scoped and revocable, and money movement always requires human confirmation. Don’t rely on beta features for anything mission-critical yet.
Trademarks & third parties
Bank and card logos shown across Duo (Chase, Bank of America, Visa, and others) are the property of their respective owners and appear only to indicate compatibility via Plaid. Their use does not imply endorsement or partnership.
Need a formal copy?
We'll send the full disclosures and partner details on request.