• How "safe" is the money in my Upside Account?

  Safeguarding the money (Upsides) we receive from you Your Upsides are kept in a “Safeguarded Account” with our Electronic Money Institution (EMI) partner, PayrNet (Terms and Conditions) This means that your money is kept in your own name and separate bank account(s) belonging to the EMI, which are separate from our own office bank accounts From a regulatory perspective, and unlike your bank, we cannot and will not use the funds to invest or lend to other persons or entitiesPopular

• Can I run the Upside App on a jailbroken device?

  As a regulated company by the Financial Conduct Authority (FCA), Upside has a responsibility to guard against financial crimes such as fraud and money laundering. removes safeguards from your device, which can leave your device and its content vulnerable to fraudulent attacks If we detect that the device you’re using has been jailbroken or rooted, you will not be able to run or load the Upside app on your device. You’ll still be able to access our website (httpsPopular

• How does Upside keep my data safe?

  Data Security is at the heart of everything we do and our most important promise to you. We take your privacy very seriously and we will never disclose, share or sell your data without your consent, unless required to do so by law. We only retain your data for as long as is necessary and for the purpose(s) specified in our Terms and Conditions and Privacy Policy. The Legal and Regulatory bits Upside is aFew readers

• How is Upside regulated in the UK?

  Upside Money Limited is a registered company in England and Wales under company number 12393337 with our head office located at 71-75 Shelton Street, London, WC2H 9JQ and hold the following registrations: Information Commissioner's Office Registration number ZA747081 Upside act as the data controller when processing your data Financial Conduct AuthorityFew readers

• What happens to my data when I close my account?

  The following outlines what happens when you close your account? When you close or cancel your Upside account, we will proceed in the following order: return all Upsides (your savings) to your linked bank account; cancel any Direct Debit mandates you have set up to enable Autosaves or any other services on our platform; lastly, unlink and disconnect all your bank account(s) authorisations and stop collecting your OpenBanking data This means we will no longer:Few readers

• What is OpenBanking authorisation and how longs does it last?

  The following outlines why you need to provide authorisation for Upside to access your banking transaction data? OpenBanking is a secure way for our customers (Upsiders) to share their banking transaction information. This enables Upside to assist you to make the most of your money by finding lost money and helping you save. When registering for an Upside account: You link your bank accoFew readers