Chip is one of the fastest-growing Fintech companies in the UK. Chip has built an app that uses the user's banking app to make personalised decisions about their money. Its user base has doubled since its previous fundraising in 2018. The company has 153,000 accounts, and it has processed more than £130m of savings. ChipX is the company's revolutionary returns platform and it has a waiting list of more than 50,000 people. The company is a winner of the British Bank Award, 2 Crowdcube awards, and 1 World Banking Award. It has welcomed many management executives from Funding Circle, Monzo, and Purple Bricks. Chip is now scaling with market-leading returns on ChipX. It aims to build the biggest savings account in the world. With the proceeds, the company will double its team and expand ChipX in the €10 trillion European savings market.
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£36,786,000
pre-money valuation
2.65%
equity available
6,897
investors
£546
pledge per investor
10113174
company number
Active
company status
08/04/2016
incorporated 8 years
Equity Calculator
£
%
Previous Funding rounds
18 Apr 24 | Crowdcube | £5,083,686 / 508% | |
18 Apr 24 | Crowdcube | £3,768,260 / 377% | |
18 Apr 24 | Crowdcube | £11,403,860 / 570% | |
09 Apr 24 | Crowdcube | £3,804,080 / 380% |
Officers
Sharon Gill MILES
Appointed: 24-09-2018
Sharon Gill MILES
Appointed: 10-07-2017
News
TSMC Lowers Chip Market Outlook as Consumer Weakness Persists - Bloomberg
18/04/2024 Bloomberg
Chip sector enters correction territory on demand concerns - Yahoo Finance
18/04/2024 Yahoo Finance
Cadence Design Launches Two New Platforms For Massive Chip Designs - Forbes
17/04/2024 Forbes
Why Nvidia Chip Maker TSMC Is Falling Despite Posting Q1 Earnings Beat - Investopedia
18/04/2024 Investopedia
Chip & Nafe Smallz reunite for new collaboration "WOW" - grmdaily.com
18/04/2024 grmdaily.com
Wall Street Bounces Back: Chip Stocks Lead The Rebound - Finimize
18/04/2024 Finimize
AI Update: Chip In to De-Risk - findBIOMETRICS
18/04/2024 findBIOMETRICS
Cadence Supercharges Chip Debug And Prototyping With Palladium Z3 And Protium X3 Systems - Forbes
17/04/2024 Forbes
How To Get Started With Organ-On-A-Chip Technology - BioProcess Online
18/04/2024 BioProcess Online
Chip Giant TSMC Offers Reassurance—and a Warning - The Wall Street Journal
18/04/2024 The Wall Street Journal