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FINANCIAL INSTITUTION INFORMATION PLATFORM

Review verifiable information about forex brokers, banks, fintechs, crypto exchanges and payment providers in one place.

Verify with the source.Wherever possible, information is matched against official registers and primary sources.
When was it checked?We clearly show when each critical piece of data was last checked.
Know the type of information.We classify user complaints, company statements and official records separately.
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HOW IT WORKS

See the level of evidence
on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

  1. 01Data
  2. 02Source
  3. 03Verification
A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

Paragon Bank

Bank · United Kingdom

About the company

Legal company nameParagon Bank PLC
Year founded2014
Headquarters / registered countrySolihull, United Kingdom
Websitewww.paragonbank.co.uk
Last checked08.10.2026

According to its official website, Paragon Bank is the banking company of Paragon Banking Group; the group was established in 1985 and launched its banking subsidiary, Paragon Bank, on 18 February 2014. Its registered office is at 51 Homer Road, Solihull. The bank offers individuals easy access and fixed rate savings accounts and cash ISAs (including a Lifetime ISA); buy-to-let and specialist residential mortgages for landlords through intermediaries; asset, development, invoice and structured finance for businesses; and motor finance for individuals. Savings accounts can be applied for online or by post; the 14 Month Fixed Rate Cash ISA starts from GBP 500. Paragon also offers Spring, an easy access savings app. According to the Bank of England list and the FCA register, Paragon Bank PLC is authorised by the PRA to accept deposits and is regulated by the FCA and the PRA. The site says eligible deposits with Paragon Bank are protected by the FSCS up to a total of GBP 120,000. This information is the company's own statement.

Account Details

ACCOUNT TYPESEasy access account · Fixed rate savings account · Cash ISA · Lifetime ISA
MIN. DEPOSITGBP 500 (14 Month Fixed Rate Cash ISA)
PLATFORMSOnline account management · Post
PRODUCTSSavings accounts · Cash ISAs · Buy-to-let mortgages · Asset, development and invoice finance · Motor finance

Licences and regulation

FCA (United Kingdom)

Licence no.FRN 604551
Licence holderParagon Bank Plc
ScopeAuthorised by the PRA to accept deposits according to the Bank of England list of 1 Oct 2026; listed in the FCA register under Paragon Bank Plc (FRN 604551), regulated by the FCA and the PRA.
StatusVerified

User complaints

User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on platforms that verify users and screen out fake reviews.

Period reviewed: April 2025 – October 2026

  • Account / trading conditions: 48
  • Withdrawal / payment: 24
  • Customer support: 13
  • Other: 5
  • Identity verification: 2

No. 99 for most complaints among 520 institutions.

RANK BY TOPIC — Account / trading conditions: 70. · Withdrawal / payment: 104. · Customer support: 70. · Other: 97. · Identity verification: 142.

SOURCES REVIEWED

The complaint distribution is based on the latest 1-star reviews on the Paragon Bank Trustpilot page (92) as of 8 October 2026; one person's reviews count once, and records about fake sites and third parties using the Paragon Bank name are left out. Across the complaints, allegations of delayed ISA transfers and maturity payments, lower rates for existing savers, and slow account change processes stand out.

Sources and verification history

Official company sourcesparagonbank.co.uk — homepage (web.archive.org copy of 1 May 2026; the site could not be read directly from this server because of a Cloudflare block), Savings accounts, footer · paragonbankinggroup.co.uk — homepage, About us / history (archive)
Regulator recordsBank of England PRA bank list (1 Oct 2026) · FCA — Paragon Bank Plc, FRN 604551 (register.fca.org.uk)
Company registerCompanies House — Paragon Bank PLC, company no 05390593
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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