5 years ago
Chip Raises €11.5 Million in Series A Funding to Expand Automatic Savings App
Chip, a British fintech startup offering an automatic savings app, has raised €11.5 million in Series A funding
The company, founded in 2016 and headquartered in London, has seen significant growth in user base and savings amounts, particularly during the pandemic
Chip's founder and CEO, Simon Rabin, discusses the company's journey, the impact of the pandemic on the fintech industry, and future plans for growth
Chip has introduced a new account offering, Chip+1, which provides the UK's highest return of 1.25% (variable) on savings.
ProblemFinancial Services
"making it easy and painless for people to save and grow their finances"
Solution
"Chip offers an automatic savings app that simplifies and automates the process of saving money"