Chip is a consumer-focused wealth application founded in 2017 by Simon Rabin and Alex Latham that automates saving and investing. The platform serves more than 500,000 active users who collectively hold around £6 billion on the app. Revenue reached £23.8 million in 2024, earning the company 16th place on the Sunday Times 100 Tech list for its strong three-year growth trajectory. Chip has raised over £50 million to date—largely from crowdfunding—which has resulted in more than 30,000 individual shareholders. The firm plans to channel fresh capital into a nationwide TV advertising campaign to broaden brand awareness. Future product launches include personalised investment tools and AI-driven financial guidance, while an annual secondary share sale programme with Crowdcube is being set up to give early backers regular liquidity.

Total raised

$59M

Funding rounds

8

Latest round

Equity

Latest activity

Jan 2026