Tagged: chip

September 15, 2025 @ 1:09 am By Omar Faridi  |  

Chip, the digital wealth management platform, has announced a £6 million funding round that values the company at approximately £208 million. Founded in 2016 by Simon Rabin and Alex Latham, Chip has tried to position itself as a key player in personalized financial tools, helping… Read More

December 5, 2023 @ 11:05 am By JD Alois  |  

Chip, an early-stage Fintech, has returned to Crowdcube to raise another funding round. In 2021, it was reported that Chip raised £11.5 million in a funding round listed on Crowdcube. At that time, Chip saw almost 13,000 investors support the firm in an equity offering… Read More

September 3, 2022 @ 10:24 am By Omar Faridi  |  

Chip, the saving and investing app on a mission to build wealth for our generation, has introduced the Prize Savings Account – the “first” Fintech to offer a savings account of this type. The account will give users the opportunity to win a Grand Prize… Read More

July 8, 2022 @ 8:22 am By Omar Faridi  |  

TrueLayer, which claims to be Europe’s “leading” Open Banking platform, and wealth-building app Chip, recently announced their collaboration, “delivering an improved customer experience through dramatically faster account payments.” Chip offers a variety of options “to make saving effortless through an approach that’s tailored to each… Read More

February 7, 2022 @ 9:06 am By JD Alois  |  

Chip, a savings and investment app that is authorised by the UK FCA as a payments provider, has added Crypto Companies Fund to its list of available funds for its users. While not offering direct crypto trading, Chip is providing a path for adding crypto… Read More

December 9, 2021 @ 7:46 am By Omar Faridi  |  

Chip, the savings app that aims to bring consumers the best rates while automatically building up their savings, has made changes to its membership plans as it focuses on making more of the app free and gets ready to launch a simplified fee structure. Chip,… Read More

October 17, 2021 @ 11:19 pm By JD Alois  |  

Fintech Chip has raised over £11.5 million for its equity offering on Crowdcube. According to a note from Chip, 12,954 investors participated in the securities offering making it the biggest equity crowdfund of the year as well as the biggest equity crowdfund held on Crowdcube… Read More

October 11, 2021 @ 11:23 am By JD Alois  |  

As was reported last week, Chip – a savings and investing Fintech – has launched a securities offering on Crowdcube. The firm rocketed to over £1 million within minutes. Today, Chip is nearing £10 million raised as over 7300 investors have decided to back the… Read More

October 7, 2021 @ 10:46 am By JD Alois  |  

Chip, a Fintech that streamlines savings and investment, is seeking growth capital on Crowdcube. According to a note received from the company, the securities offering raised £1 million in under 10 minutes, crashing the Crowdcube servers. The offering was initially available to insiders but is… Read More

March 8, 2021 @ 12:11 pm By Samantha Hurst  |  

  Chip, a UK-based automatic savings app, announced on Monday it has appointed Tom Evans as its new Chief Technology Officer. According to Chip, Evans joins the fintech from 10X Banking and brings more than 24 years of experience in software development and engineering. Prior… Read More

November 16, 2020 @ 11:53 pm By Omar Faridi  |  

Simon Rabin, Founder and CEO at London-based Chip, a financial services firm that automatically stashes away what consumers can afford so they can “spend it on things that really matter,” notes that there may be a potential opportunity to enter the wealth-building space. Rabin’s recent… Read More

September 25, 2020 @ 11:16 am By Samantha Hurst  |  

Savings App Chip is set to close its Future Fund round hosted on Crowdcube with more than 11.3 million raised from 1945 investors. The campaign made its debut on the equity crowdfunding platform earlier this month, originally seeking £2 million, which was raised in under… Read More

September 14, 2020 @ 8:57 am By JD Alois  |  

Savings App Chip is says it raised £10.7 million in under 48 hours as part of a Future Fund round hosted on Crowdcube. A total of £2 million was raised in under 10 minutes and £4 million in under an hour. The Future Fund is… Read More

September 8, 2020 @ 10:56 am By JD Alois  |  

Chip, a savings app, is reporting solid interest in its forthcoming securities offering on Crowdcube. Accordging to a release, Chip has seen approximately 25,000 individuals pre-register on the upcoming funding round. Chip says this investment interest follows a summer of record growth for the Fintech…. Read More

September 1, 2020 @ 12:05 pm By Samantha Hurst  |  

Chip, a UK-based automatic savings app, announced on Monday it has registered a summer of record growth, as the UK’s savers’ priorities shifted towards financial security and saving in light of the coronavirus pandemic and its impact on the economy. As previously reported, Chip is… Read More

April 27, 2020 @ 7:43 am By Omar Faridi  |  

UK-based Fintech firm Chip, which offers a smart savings app, has finalized the largest equity crowdfunding round in the country since the Coronavirus-related lockdown began. Chip has acquired £2.6 million from more than 4,000 investors. The company’s fundraising efforts have been facilitated through Crowdcube, a… Read More

April 6, 2020 @ 10:42 am By Samantha Hurst  |  

UK-based fintech Chip announced on Monday it has appointed Philip Wright as its new CFO. Chip reported that prior to joining its team, Philip was the CFO at Auto Service Finance and Babylon Health. He also leadership roles at Funding Circle (Interim Financial Operations Director)… Read More

March 25, 2020 @ 10:31 am By JD Alois  |  

Fintech Chip has received approval from the Financial Conduct Authority (FCA) as an authorized payment institution. In a release, Chip described the designation as a major milestone with the next step being the introduction of FSCS protected savings accounts. Chip is an app that automatically… Read More

November 6, 2019 @ 8:13 am By JD Alois  |  

Chip, a Fintech that claims to be one of the most crowdfunded businesses in the UK, is raising £7.3 million following a previous £3.8 million crowdfunding round on Crowdcube. Chip recently sold a 9.39% equity stake in the company to 6897 individual investors at a… Read More

October 2, 2019 @ 10:01 am By Samantha Hurst  |  

AI-powered automatic savings account mobile app, Chip, is set to close its latest equity crowdfunding campaign on Crowdcube with more than £3.9 million secured. The funding round was launched at the end of September and quickly secured its initial £1 million funding target. Chip is… Read More