Krish
Community Manager
June 3, 2020

Helpful resources to support BLM

At Chip we believe that it is the responsibility of those with privilege to speak out against structural racism and other forms of inequality.

We stand in support of George Floyd, his family, and the Black community in the USA and worldwide. 

Here is a list of resources that our team has been using to make donations, educate ourselves, and help push for change. Please do let us know if there’s anything we can add.

  • A gofundme to support Queer Black Young people here in the UK, both online and in person : https://gf.me/u/x6k7uu
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7 Bell Yard
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© Chip Financial Ltd 2019 - Registered Company #10113174
Savings
Chip is a trading name of Chip Financial Limited. Chip is authorised by the Financial Conduct Authority under the Payment Service Regulations 2017, firm reference number no. 911255, for the provision of payment services. 

Note that Chip is not a bank. We provide access to savings accounts with UK authorised partner banks and an e-money wallet with a UK authorised e-money provider. 

Only the money held in our Interest Accounts and Chip+1 account is covered by the Financial Services Compensation Scheme (FSCS) for deposits. To find out more and to check your eligibility please visit: https://www.fscs.org.uk/about-us/ 
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Funds held in your e-money wallet are not covered by FSCS. This money is safeguarded with Prepaid Financial Services Limited.

Chip is an agent of Prepaid Financial Services Limited. Prepaid Financial Services is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, firm reference number 900036, for the issuance of electronic money and provision of payment services. Registered Office: Fifth Floor, Langham House, 302-308 Regent Street, London, W1B 3AT.
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Investments
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Your money may be protected up to £85,000 by the Financial Services Compensation Scheme (FSCS) under their Investment Scheme. This means that in the event Chip Financial Ltd is declared to be in default and cannot meet their obligations, you may be able to claim compensation. It’s important to understand that the FSCS doesn’t cover you in the event that your investments go down and you get back less than what you put in. Further information is available from the FSCS website (www.fscs.org.uk).

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Our registered office is: Chip Financial Ltd, 7 Bell Yard, London, WC2A 2JR