We don’t take risks with your money by lending it out or reinvesting it. This is why your HyperJar account doesn’t need to be underwritten by the FSCS. We keep your funds in a safeguarded account that is governed by the e-money regulations of the Financial Conduct Authority. This is the same system used by services such as PayPal Wallet, Wise and Revolut.
In the unlikely event of any default or administration on our part, 100% of your money would be returned from you directly from these accounts.