HomeFinTechWealth App Chip Secures £6M Investment from Channel 4's VC Arm

Wealth App Chip Secures £6M Investment from Channel 4’s VC Arm

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Highlights:

  • Chip has successfully raised £6 million in a new funding round.
  • The investment was provided by Channel 4’s venture capital arm, aimed at enhancing the app’s capabilities.
  • This funding will help Chip expand its offerings in savings and investment solutions for customers.

Chip, a prominent wealth management app, has announced a significant funding milestone, securing £6 million from Channel 4’s venture capital arm. This investment positions Chip to further develop its innovative savings technology and enhance user experience. The partnership is set to drive growth in the fintech space as Chip continues to attract a customer base looking for smart saving solutions. With this new capital, Chip aims to expand its services and strengthen its market presence.

Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.