Why is Verse closing?

  • Updated

After an extensive evaluation process, we have not been able to identify a sustainable path forward for Verse that would enable us to continue to grow while providing the level of service and innovation that our customers expect and deserve.

We want to reassure our customers that all funds remain completely safe. Verse is legally required to safeguard all customer funds and will continue to do so. We do not make decisions like this lightly, as we know they impact our customers, our partners, and our team members who have helped us build to where we are today.

We are grateful to all of our customers and partners who have supported us over the years, and are committed to making this transition as frictionless as possible. 

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