6 years ago

Chip Raises £7.3 Million to Scale its Smart Savings App

  • Chip, a UK-based fintech startup, is raising £7.3 million to scale its operations and improve its capacity to handle a large volume of customers

  • The funds will be used to expand the team, refine infrastructure, launch market-leading savings rates, offer access to FSCS protected accounts, and deliver an in-app marketplace for returns products

  • Chip aims to provide seamless access to market-leading products in one easy-to-use app.

      • ProblemFinancial Services

      "Saving money is hard, especially when you're busy with life. People often struggle to find the time and motivation to save regularly, and they may not be aware of the best savings options available."

      Solution

      "Chip is a smart app that helps you save money automatically. It analyzes your spending habits and automatically sets aside small amounts of money each day, so you can reach your savings goals without having to think about it. Chip also offers access to market-leading savings rates and FSCS protected accounts, making it easy to save and grow your money."

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