The Financial Services Compensation Scheme (FSCS) protects you when financial firms fail. If a company you’ve been a customer of and held money with has gone bust and can’t return your money to you, they can step in to pay compensation. Savings and current accounts are protected up to £120,000.
easyMoney investments are not covered by the FSCS as this investment is classed as a Peer-to-Peer (P2P) investment, which isn't covered by the Financial Services Compensation Scheme.