Chip Secures £6 Million in Funding, Valued at Over £208 Million - FinTech Weekly

▤ Summary

Chip, a London-based digital wealth management platform, raised £6 million in a new funding round and reached a valuation of about £208 million. Channel 4 Ventures led the round, and Chip also opened the same terms to existing users through Crowdcube. The company plans to use the capital to improve its automated savings and investment tools and expand across the UK. Chip also announced an annual secondary sale register that will give existing shareholders a clearer path to liquidity. The deal highlights growing investor interest in consumer wealthtech and Chip's hybrid model of institutional and retail backing.

$ Funding

▦ Linked Companies