We are not a bank and we don’t take risks with your money by lending it out or re-investing it. That’s why your account doesn’t need to be underwritten by FSCS. Instead, we keep your funds in a safeguarded account governed by the e-money regulations of the Financial Conduct Authority. That’s the same system used, for example, by the PayPal Wallet, Transferwise, and Revolut.
How is the money I put into HyperJar protected?
