Chip is an AI powered money app that calculates what you can afford to put away and stashes money away automatically.

Chip is designed to put your money into savings in an intelligent manner that depends on your spending habits.

Chip was founded in 2016 and is based in London, London, UK.

Chip is building an app that uses your banking data to make personalised decisions about your money and automatically carry them out. The app automatically saves money for you, helps you earn better returns, and makes sure you hit your goals.

Chip has analysed more than 160 million transactions to build a clever AI that can keep you stashing your cash, without affecting your day-to-day spending.


Chip securely connects with Barclays, HSBC, Santander, Lloyds, NatWest, Nationwide, RBS, TSB, Halifax, First Direct, Co-operative Bank and Metro Bank accounts.


Chip raised £7.3 million on Nov 06, 2019, with £3.8 million crowdfunded by Chip’s customers, and the remainder from angel investors. This brings Chip's total funding to £12M to date.



  • Year founded: 2016
  • Funding Info: £12M over 4 Rounds (Latest Funding Type: Angel)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: London
  • State: London
  • Country: United Kingdom
Related businesses