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Invest in the future of savings

Pre-register to join our 11,000+ strong investor community who already own shares in one of the UK's most popular fintechs.

Chip is the future of savings. We use AI to automatically save up money for you and get you better returns.

We're raising our biggest round yet. To manage demand we are asking you to pre-register and will send links to the page in batches.

Thanks! Keep an eye on your inbox for more information.
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Remember your capital is at risk.

11,000

Investor community

250,000

Registered users

£160M

Total amount saved

110%

12 month deposit growth

Join our investor community.

Chip has one of Europe’s largest investor communities, with over 11,000 investors. Alongside our friends at Monzo, Revolut and Freetrade we’re delighted to once again work with Crowdcube to open up our investor community to more of our savers.

Our investors are the lifeblood of Chip, help steer the direction of the business and decide what we should build next.

Join over 11,000+ investors

Don't miss out.
Pre-register now!

This exclusive crowdfund will go live in the coming days.

In the past demand has been enormously high for our crowdfunds. In our last few rounds we raised more than £1 million in minutes causing an issue with Crowdcube's platform!

In order to manage demand for this round we are asking you to preregister first.

Thanks! Keep an eye on your inbox for more information.
Oops! Something went wrong while submitting the form.
4.5 rating on App store

Chip has grown more than we could ever have imagined in 2020.

We've already exceeded our targets for the year.

This money will enable us to further accelerate our growth, drive revenues, invest enormously in our engineering teams and deliver our product roadmap.

We have always invited our savers to invest alongside our lead investors, own part of the business and share in our success. This raise is no different.

We have decided to open up our investor community and invite you to own shares in one of the UK’s most popular fintechs.

Our journey
so far this year

We started with a clear mission to build the best savings account in the world. That’s why we built Chip, an app that automatically manages your savings and finds you the best returns. So far Chip has helped 250,000 people revolutionise how they save and earn the best returns.

Interest Accounts

Launched our first Interest Accounts with partner banks.

Enhanced AI

Enhanced the AI behind our autosaving technology.

FCA Authorisation

Secured our full FCA authorisation.

Our journey
so far this year

We started with a clear mission to build the best savings app in the world.

That’s why we built Chip, an app that automatically manages your savings and finds you the best returns. So far Chip has helped 250,000 people revolutionise how they save and earn the best returns.

Interest Accounts

Launched our first Interest Accounts with partner banks.

Smashed 2020 targets

More than doubled our deposits and almost doubled our customer base

FCA Authorisation

Secured our full FCA authorisation.

What's next for Chip?

We started with a clear mission to build the best savings account in the world. That’s why we built Chip, an app that automatically manages your savings and finds you the best returns. So far Chip has helped 250,000 people revolutionise how they save and earn the best returns.

Upgrade Chip

Upgrade Chip accounts to FSCS eligible easy-access with a return of 1.25%.

Launch ChipX

Launch Chip+ and ChipX account tiers enabling much larger deposits, ISAs and access to investment products.

Revenue Growth

Ensure Chip is seeing sustainable and growing income.

What’s coming next for Chip?

The money from this round we will be used to dramatically speed up our roadmap for 2020/21, by investing and growing our engineering and product development teams.

See our full roadmap

Upgrade Chip

Upgrade Chip accounts to FSCS eligible easy-access with a return of 1.25%.

Launch Chip X

Launch Chip+ and ChipX account tiers enabling much larger deposits, ISAs and access to investment products.

Accelerate revenue growth

Ensure Chip is seeing sustainable and growing income.

About this investment round

We are working with the Future Fund and the British Business Bank, which makes this round a unique one! Your investment will convert to shares at the completion of our follow-up investment round.

This round comes with some fantastic benefits: 

01 f8% interest p.a

Your investment earns 8% interest p.a. until it converts.

02 fGet A-shares

Your investment converts to A-Shares, regardless of how much you’ve invested.

03 f20% discount

When your investment converts your share price will be discounted by at least a 20%. The higher Chip's valuation at the follow-up round, the greater your discount will be.

04 fYour investment is matched

For every pound you invest, the Future Fund and the British Business Bank will match your investment in Chip (subject to their approval process). 

Being part of the Future Fund will really turbo-charge this round. If you invest £5,000 Chip will receive £10,000 in total, which we will use to grow the business, increase the value of your shares and negotiate the follow-up round from a position of strength.

Remember your capital is at risk. We strongly believe that investing should be for everyone, but equity investing is not without its risks.

Your investment could be locked in for a long time, as you don’t get a return until we exit (i.e. we’re bought or go to market in an IPO). Investing in a convertible is the same level of risk as investing directly for equity in a startup company and your capital remains at risk.

Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority (no. 650205).

Our most frequently asked questions

We guess you'll probably want to know about the below.

Who can invest?

To have a chance to invest in this round, you must pre-register. 

We will then open up limited allocation in the following order of priority; existing A-shareholders, Chip Champions, all B-shareholders, Chipmunk community, and then all Chip savers and the public if any allocation remains. You must open a Crowdcube account to be able to participate.

How much can I invest?

The minimum investment is £50 and if you are an existing A-class shareholder you can invest as much as you like.

Due to the size of our investor community and demand we’ve seen in past rounds, where we’ve exceeded our limit in minutes, we are expecting our allocation to go fast. This round has a hard cap of £5 million in total (spread between lead investors and the crowd), which we would hit if just 1,000 investors took a £5,000 allocation. 

So we do strongly encourage you to pre-register now, if you'd like to participate.

When will I get access

Our crowdfund will launch in the coming days.

We’re asking people to pre-register because in the past demand has been enormously high for our crowdfunds. In our last few rounds we raised more than £1 million in minutes causing an issue with Crowdcube's platform!

Existing investors will get priority access. We’re opening up this allocation in the following order of priority; existing A-shareholders, Chip Champions, all B-shareholders, Chipmunk community, and then all Chip savers and the public.  

Why are we crowdfunding?

We believe the most powerful way for a business to grow is to have thousands of our customers investing in the business and advocating to build a product that is something they believe in.

Our investor community has helped us get where we are now in more ways than simply investing.
We also think the terms of the convertible investment available with the Future Fund offer some fantastic benefits we’d love to share with our investor community (i.e. your investment earns 8% interest p.a. until it converts to shares, and you get your shares with at least a 20% discount from the price a VC invests at).

Investing in convertibles

A convertible is an investment for equity in a company where shares will be issued at a future date. 

Usually the shares will be issued when the company completes a follow-on, or second part, of an investment round. A convertible allows a company to raise finance without setting a valuation - the valuation will be set by the subsequent investment round or at an agreed valuation on a longstop date. 

It is important to remember that investing in a convertible is the same level of risk as investing directly for equity in a startup company and your capital remains at risk. 

If a business fails, it is unlikely that an investor will have their initial investment or outstanding interest payments returned to them because there is no security over any remaining assets. It is important that you read the summary of terms and the convertible document provided to you by Crowdcube.