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Chip Crowdfunding

I selected to invest my isa allowance with Chip.
should I be concerned about the crowdfunding shift?

Comments

  • wmb194
    wmb194 Posts: 5,230 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 7 October at 10:11AM
    MrTrimble said:
    I selected to invest my isa allowance with Chip.
    should I be concerned about the crowdfunding shift?
    What do you mean by, "shift"? For years it's regularly crowdfunded.

    Anyway, your deposits are covered via ClearBank's FSCS cover but if it really got into trouble its deposits would likely be transferred to another provider before it reached this stage.

    https://www.getchip.uk/how-we-protect-your-money
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