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What is squirrel & how does it work?

Squirrel is a British company that provides anonline personal budgeting service. The company claims that it has several thousand users in the United Kingdom. It was described by Liat Clark in Wired magazine as a "total savings, budgeting and bill management tool". Squirrel was designed by co-founders Mutaz Qubbaj and Emanuel Andjelic.

What is squirrel fund money?

What is the squirrel fund money? Why is it called squirrel fund? It’s where they squirrel away money to get them through the winter when it’s harder to find jobs. Similar to how squirrels hide nuts.

Who is the squirrel account issued by?

The Squirrel account is issued by Prepaid Financial Services Limited. Prepaid Financial Services Limited is regulated and authorised by the Financial Conduct Authority, registration number 900036. Registered Office: Langham House, 302-308 Regent Street, London, W1B 3AT.

How do Squirrel users get paid?

Squirrel users must get paid into aSquirrel bank account each month. Money allocated in Squirrel by the user as savings is saved into a users “savings goals”. Money allocated for bills is held by Squirrel, then paid into a users high street current account the day before bills are due.

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