UK FinTech Chip has raised £2.6mn through Crowdcube.
In Brief:
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Chip offers a smart savings app.
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More than 4000 investors were involved in the latest funding.
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It took place on a private investment page where individuals had to register.
What does this mean?
This is the largest equity funding round to have taken place since the Coronavirus lockdown. Co-founder Luke Land says the successful fundraise shows there is still an appetite for communities and investors to support startups and scaleups, despite the economic uncertainty.
