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Chip is a technology company developing an AI-based automatic savings app that helps people save money, based on their spending behavior. The company develops an algorithm that calculates how much a user can afford to save and automatically transfers small amounts of money from their current account into their Chip savings account every few days.

TypePrivate
Founded2016
HQLondon, GB
Websitegetchip.uk

Locations

Chip is headquartered in
London, United Kingdom

Location Map

Latest Updates

Employees (est.) (Feb 2020)211(-10%)

Key People/Management at Chip

Simon Rabin

Simon Rabin

CEO
Gerard Hurley

Gerard Hurley

Chief Compliance Officer
Sharon Miles

Sharon Miles

Chief Operating Officer
Alex Latham

Alex Latham

Chief Marketing Officer
Daniel Bowling

Daniel Bowling

Head of Talent
Wendy Yang

Wendy Yang

Head of Finance
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Chip Office Locations

Chip has an office in London
London, GB (HQ)
232 Shoreditch High St, Shoreditch
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Chip Financials and Metrics

Summary Metrics

Founding Date

2016

Chip total Funding

$15.8 m

Chip latest funding size

$4.51 m

Time since last funding

4 months ago

Chip investors

Chip's latest funding round in November 2019 was reported to be $4.5 m. In total, Chip has raised $15.8 m
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Chip Revenue

Cash (30-Apr-2019)

2.2m
GBPFY, 2017FY, 2018FY, 2019

Cash

18.0331.0k2.2m

Current Assets

62.1k672.6k2.3m
Y, 2019

Financial Leverage

1.5 x
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Chip Online and Social Media Presence

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Chip Frequently Asked Questions

  • When was Chip founded?

    Chip was founded in 2016.

  • Who are Chip key executives?

    Chip's key executives are Simon Rabin, Gerard Hurley and Sharon Miles.

  • How many employees does Chip have?

    Chip has 211 employees.

  • Who are Chip competitors?

    Competitors of Chip include Parkiro, WikQik and MiBolsillo.

  • Where is Chip headquarters?

    Chip headquarters is located at 232 Shoreditch High St, Shoreditch, London.

  • Where are Chip offices?

    Chip has an office in London.

  • How many offices does Chip have?

    Chip has 1 office.