
Location
Headquarters: London, England, United Kingdom, Europe
Region: England
Country: GB
Continent: Europe
About
Chip is a UK-based fintech offering an investing and savings app that lets users save, invest in funds, and open various savings accounts. The platform provides a Prize Savings Account with monthly prize draws and investment options such as Stocks & Shares ISA and General Investment Account, all accessible through the Chip app. It emphasizes FSCS protection for eligible deposits held with partner banks and uses Open Banking for secure connections. Chip positions itself as a personal wealth app designed to help people save, invest, and grow their money in one place.
Chip is a UK-based fintech company that provides a mobile application for automated savings and investment management. The platform utilizes AI to analyze user spending habits to facilitate savings and offers access to Stocks & Shares ISAs, general investment accounts, and prize-linked savings products. Its primary customers are individual consumers seeking accessible wealth-building tools.
Chip Financial Ltd.
2017
for_profit
active
Industries
Primary Industry: Finance
Categories
Funding & Financials
equity_crowdfunding
58900000
1m-10m
private
Investors
Founders
Alexander latham
Simon Rabin
Leadership
Technology Stack
Products
Chip Cash ISA: A tax-free savings account offering interest with a current rate of 4.06% AER, with a 12-month promotional rate of 4.33% AER for new customers.
Chip Easy Access Saver Account: A savings account offering easy access to funds with an interest rate of 3.30% AER, with a 12-month promotional rate of 4.33% AER for new customers.
Chip Prize Savings Account: A savings account where users can save money and enter monthly prize draws to win a share of £75,000 in tax-free prizes.
Chip Stocks & Shares ISA: A tax-free investment account allowing users to invest up to £20,000 in a range of funds with low fees and automated saving options.
Chip General Investment Account (GIA): An investment account for users to invest in a range of funds without tax advantages, with automated saving features and low platform fees.
Chip Auto-Saving Technology: An automated saving tool that uses AI to help users save money regularly without manual intervention.
