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Does Mimo hold your money?
Does Mimo hold your money?
Alexander Segerby avatar
Written by Alexander Segerby
Updated over a week ago

At Mimo, the security and protection of your funds are our top priorities. Your electronic money, called ‘Protected Money,’ is safeguarded in full compliance with UK regulations and our terms and conditions, ensuring your funds are handled with the utmost care.

Through our partnership with Modulr FS, we implement a robust safeguarding strategy. Your Protected Money is held in separate, dedicated bank accounts, completely isolated from Mimo’s operational and business accounts. This ring-fencing guarantees an extra layer of security for your funds.

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