Tagged: chip

Savings App Chip Gets Ready to Introduce Investment Products in 2021

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

Update: Savings App Chip Set to Close Future Fund Round on Crowdcube With More Than £11.3 Million Raised

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

Savings App Chip Raises £10.7 Million in 48 Hours as Part of Future Fund Round on Crowdcube

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

Chip Reports Strong Interest in Forthcoming Crowdcube Offering

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

UK Fintech Chip Sees 103% Increase in Amount of Money Put Aside in Savings App

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

UK Fintech Chip, Developer of Smart Savings App, Secures £2.6 Million in Capital via Crowdcube

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

UK Fintech Chip Appoints Philip Wright As New CFO

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

Fintech Chip Receives FCA Authoritization

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

Fintech Chip Seeks £7.3 million Following £3.8 million Crowdfunding Round

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

Update: Chip Set to Close Latest Crowdcube Round With More Than £3.9 Million in Funding

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

Chip Returns to Crowdcube & Quickly Raises £3.4 Million in Funding

Less than a year after raising  £3.4 million through its previous Crowdcube round, AI-powered automatic savings account mobile app, Chip, has returned to the equity crowdfunding platform. Originally seeking £1 million, the company quickly surpassed the funding target has now raised over £3.4 million from… Read More

Money Management App Money Dashboard Announces Integration with Revolut, Chip and Marcus by Goldman Sachs

Money Dashboard, a UK-based online personal financial management service, announced on Tuesday it has released integrations with three new account providers – Revolut, Chip, and Marcus by Goldman Sachs. According to Money Dashboard, the integrations help consumers track spending and progress towards their savings goals in real time…. Read More

Money Dashboard Announces New Partnership With AI-Powered Savings App Chip

Money Dashboard, a UK-based online personal financial management service, announced on Friday it has formed a new partnership with AI-powered savings app Chip. Money Dashboard reported that it has selected Chip as the place for users to store their spare cash. “For those who don’t… Read More

Bitmain Debuts Next Generation 7nm ASIC Chip for SHA256 Mining

Bitmain-ASIC-chip

Bitmain Technologies, a China-based consumer-grade ASIC miner, announced on Monday the launch of its next-generation 7nm ASIC chip, BM1397. According to Bitmain, the new chip achieves new feats in performance, chip area and energy efficiency for mining cryptocurrencies such as Bitcoin (BTC) and Bitcoin Cash (BCH),… Read More

BCN Nanotecher Nanusens Closes €1M+ Crowdcube Funding Round

Barcelona-based Nanusens nanotechnology company has closed a €1,073,800 financing round through the Crowdcube investment marketplace, aided by a Inveready seed capital fund and 785 private investors. This campaign marked the fifth capital increase carried out by Nanusens.  Caixa Capital Risc Dieco Capital and its shareholders…. Read More

AI-Powered Automatic Savings Account Chip’s Latest Funding Round Surpasses £3.4 Million During the Final Days on Crowdcube

Chip, an AI-powered automatic savings account mobile app, has successfully secured more than £3.4 million from over 5,580 investors in less than two weeks through its recent equity crowdfunding campaign on Crowdcube. The company previously raised nearly £1 million through its first Crowdcube round in 2017…. Read More

Square Update: Reader Now Can Process Chip Cards in Just Two Seconds Without Signature Required

Payment process platform Square announced this week it has updated its Square Reader for contactless and chip and Square Register will now process chip cards in just two seconds (previously 3.6 seconds) without the requirement of a signature. While sharing more details about the update, Jesse Dorogusker, Head of Hardware… Read More

Update: Chip Completes Crowdcube Round With Nearly £1.1 Million in Funding; Plans to Apply For Banking License

Chip, an AI-powered automatic savings account mobile app, completed its equity crowdfunding round on Crowdcube with nearly £1.1 Million secured from more than 3200 investors. The campaign was launched last month, originally seeking £600,000. As previously reported, Chip is described as a savings app that is designed… Read More

Update: Chip’s Funding Round Surpasses £950,000 During the Final Days on Crowdcube

Chip, an AI-powered automatic savings account mobile app, is set to close its equity crowdfunding campaign on Crowdcube with more than £950,000 in funding. The company launched its initiative launched last month and quickly raised its initial £600,000 funding target. As previously reported, Chip is described… Read More

Overfunding: AI-Powered Automatic Savings Account App Chip Quickly Secured £600,000 Funding Target on Crowdcube

Chip, an AI-powered automatic savings account mobile app, has successfully secured its initial £600,000 funding target through its equity crowdfunding campaign on Crowdcube. The initiative was launched just a couple days ago and has already attracted more than 2050 investors. Chip is described as a… Read More

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