The safety and security of your money is our top priority.
Folio does not transact or hold any money from customers directly. All transactions are powered by GoCardless & MangoPay, while all client money is held in a ring-fenced account at Barclays.
Both GoCardless & MangoPay are regulated providers of online and mobile payment processing services, and we use their secure payment gateways to transact on behalf of our customers.
In other words, your money is just as safe with Folio as any regulated UK savings account.