What is Robora?

Robora is both a trusted ally and a simple, but powerful, tool in helping you identify and move excess cash for higher-earnings. Robora, through our partner bank, provides access to the largest bank network of its kind so your funds will be placed at FDIC-insured² banks that pay interest at rates you should find compelling. As a tool, Robora empowers you to determine what is excess cash in your existing accounts and easily and safely transfer the excess cash to the high-yielding accounts until that cash is otherwise needed. Think of us as a partner to help level the playing field with better cash management.
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*Your funds are held with FDIC-insured depository institutions, not with Robora. Robora is not a bank. We are a financial technology company and your “robo” cash advisor empowering the ability to find safe, high-yielding returns.

Banking services are provided by OMB Bank, member FDIC, and OMB Bank will place deposits through IntraFi’s ICS service, which is the largest bank network of its kind, and subject to the ICS Deposit Placement Agreement. Certain conditions must be satisfied for “pass-through” FDIC deposit insurance coverage to apply.