RateSetter is not a bank and an investment through RateSetter is not a bank account. RateSetter is not authorised under the Banking Act 1966 (Cth), is not supervised by the Australia Prudential Regulation Authority, and the depositor protection provisions in section 13A of the Banking Act will not cover your investment.

RateSetter is regulated and licensed by ASIC, holding an Australian financial services licence (number 449176) and an Australian Credit Licence (number 449176).

Learn more about our compliance


View ASIC's Money Smart website to learn more about peer-to-peer lending:

https://www.moneysmart.gov.au/investing/managed-funds/peer-to-peer-lending