Chip

34 results about this entity

Period: 27 Nov 2017 - 05 Feb 2024

/payments

Chip reports summer of record growth as savers set more aside during pandemic

Chip, the automatic savings app offering access to one of the UK's highest interest rates, 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.

/payments

Chip to offer easy-access savings accounts

Smart savings app Chip is to offer interest-bearing accounts to customers, offering a competitive easy access rate of 0.9%.

/startups

Chip wins over the crowd as changing user behaviour spurs growth

Smart savings app Chip has completed the UK's largest equity crowdfund since the lockdown started, with over 4,000 investors taking part in the £2.6 million raise.

/people

Chip appoints Philip Wright CFO

Chip, the clever app that automatically saves up money for you, has announced the appointment of Philip Wright as the new Chief Financial Officer.

/regulation

Chip gains FCA authorisation

Chip, the clever app that automatically saves up money for you, has announced that it has been approved by the Financial Conduct Authority (FCA) as an Authorised Payment Institution.

Chip raises £7.3 million

Smart savings app Chip has raised a total of £7.3 million, with £3.8 million crowdfunded by customers, and the remainder from angel investors.

Emma and Chip forge Open Banking partnership

Open Banking apps Emma and Chip have partnered up to allow customers to track their automatic savings and savings goals within Emma’s dashboard.

Chip raises £4 million for P2P push

UK savings app Chip has closed a £4 million crowdfund raise as it prepares to enter the P2P lending market.

Savings app Chip raises £1.1 million on Crowdcube

Chatbot savings app Chip has crashed through the £1 million barrier in a crowdfunded effort to raise funds to apply for a banking licence.

Savings app Chip sets sights on banking licence

Chip, an AI-powered automatic savings app, is looking to raise £2.4 million in a crowdfunding campaign to finance a banking licence application and become the "Brewdog of banking".