Velnoria Savings — “Guaranteed Returns”, FCA Warned

Velnoria Savings markets itself as a savings platform with “stress free investing with guaranteed returns” and rates “up to 6.44% AER”. On 13 November 2026 the UK Financial Conduct Authority added velnoriasavings.co.uk to its warning list as a firm that may be offering financial services without permission.

Savings language, borrowed details

The site says one account unlocks “65+ of our banking partners” and FSCS protection up to £120,000. Its footer quotes the company number and Watford address of a separate UK company and calls the platform FCA authorised. The FCA warning says the opposite: velnoriasavings.co.uk is not authorised. FSCS cover only applies to money held at an authorised bank, never to a payment sent to an unauthorised website.

Report Velnoria Savings to Ettran

If you opened a Velnoria account

Stop any further transfers. Check the account details you were given: genuine savings platforms send money to a named bank, not to a personal account or crypto wallet. Call your bank about every payment, keep all emails and statements, and report the site to the FCA and Action Fraud.

Tell Ettran what happened

A savings rate is never “guaranteed” by a website that is four weeks old. If you sent money to Velnoria, contact Ettran with your payment records.

Sources: UK FCA Warning List, velnoriasavings.co.uk, 13 November 2026 (fca.org.uk); RDAP record (17 October 2026); velnoriasavings.co.uk captured 13 November 2026.