Funds lent through a peer to peer platform are not covered by the Financial Services Compensation Scheme (FSCS), although Lendy maintains a substantial discretionary provision fund to assist in making up some shortfalls in capital if appropriate.
Whilst no Lendy investor has been subject to any loss of capital, past performance is not a guarantee of future performance. Please obtain independent advice if you are in any doubt as to whether this platform is suitable for you or if you require tax advice.
Unallocated investor funds are held in a segregated client money bank account.
Please see our information on Managing Risk here.