Doesn’t time fly? Well it’s been a whole year since Zopa launched Safeguard – bringing a safer, simpler and easier way to help grow your savings. To mark this mini-milestone we thought we would share a few key stats on Safeguard as it turns a year old.
- Current fund size – £3.6m
- Current coverage ratio – 1.3x
- New money funded since Safeguard launched – £140m
- Total lent under Safeguard – £240m
- Total paid out so far – £187,000
- Active savers with Safeguard offers – 39,000
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