Chip

Chip is a UK-based financial technology company focused on helping people build long-term wealth through simple saving and investing tools. Its mission is to enable this generation to grow wealth without needing to follow trends or spend large amounts of time managing money. The platform allows users to save and invest through savings accounts, investment funds, and a stocks and shares ISA, with automation that removes complexity.

Founded in 2017, Chip started as an auto-savings app and has since grown into a full digital wealth platform. It has more than 500,000 registered users, over 400,000 active users, and a community of more than 27,000 individual shareholders. The workforce includes around 150–160 team members with experience in finance, technology, and entrepreneurship. Chip has received recognition such as Best Personal Finance App 2022 at the British Bank Awards and Best Savings Provider 2023 at the Finder Awards.

Chip aims to build the UK's first investment super app, providing one place for users to manage their savings and investments. The app uses technology to simplify access to savings accounts, prize-linked savings, ISAs, and curated investment funds. Fixed and easy-access savings products are powered by ClearBank and protected under the Financial Services Compensation Scheme (FSCS) up to £85,000.

To expand into investing, Chip partnered with Seccl to integrate API-first custody and trading services. This allowed Chip to launch stocks and shares ISAs efficiently, with automated account opening, funding, and settlement. The investment side has seen strong growth, including a 245% increase in assets under administration and over 56,000 ISA accounts opened. Monthly activity includes more than 180,000 transactions and transfers above £700,000.

Users can access tools such as savings calculators, ISA calculators, investment guides, and financial planning resources. Chip supports saving goals like buying a first home, starting a family, or planning long-term financial stability. The app provides UK-based support seven days a week and offers secure systems including biometrics, fraud monitoring, and encrypted connections.

Chip began in 2017 as a small fintech initiative focused on helping people save money through automation. The idea was to create an app that could move small amounts of money into savings without users needing to plan or calculate anything themselves. This led to the launch of Chip’s early auto-saving features, which became the core product and helped the company grow its first user base.

As the app gained traction, Chip focused on improving its automatic saving engine, developing tools like Chip+1 and Payday Put Away, which encouraged regular saving behaviour. These early features helped the company reach thousands of users and brought attention from investors, resulting in several successful crowdfunding rounds. Over time, Chip built a community of more than 27,000 individual shareholders, making it one of the most widely held fintech companies in the UK.

Between 2019 and 2021, the company expanded its savings offering. It added multiple easy-access savings accounts with competitive interest rates, powered by ClearBank. During this period, Chip strengthened its regulatory and financial setup and secured FSCS-protected savings products. The user base crossed 300,000 registered accounts, marking the company’s shift from a simple savings tool to a broader money management platform.

In 2022 and 2023, Chip received industry recognition, including the British Bank Awards for Best Personal Finance App and the Finder Award for Best Savings Provider. These achievements reflected its transition into a mainstream financial app.

By 2024, the company moved into the investment space to support long-term wealth-building. To achieve this, Chip partnered with Seccl to develop an API-first investment infrastructure. Through this integration, Chip launched its Stocks and Shares ISA and a range of investment funds. Automated trading, custody, and settlement allowed users to invest with the same ease as saving. As a result, assets under administration grew sharply, with a 245% increase recorded in 2024.

In 2025, Chip continued expanding its wealth platform by adding more curated investment funds, including global indices, technology-focused funds, commodity options, and an AI-focused investment product. User numbers reached more than 500,000 registered accounts and more than 400,000 active customers. The platform now processes more than 180,000 monthly investment transactions and handles transfers in the hundreds of thousands of pounds each month.

Today, Chip operates as a full digital wealth app offering savings accounts, ISAs, investment funds, and financial planning tools. It aims to act as a long-term wealth manager for the mass market, using automation, secure systems, and simple design to help users save and invest.

Chip’s mission is to help people build long-term wealth in a simple and accessible way. The aim is to give everyone the tools to manage savings and investments without needing specialist knowledge or large amounts of time. Chip focuses on using automation to support consistent saving and investing, giving users one place to grow their money through savings accounts, prize-linked savings, investment funds, and ISAs. The mission also includes widening access to financial products that were traditionally used by high-net-worth individuals. Chip wants to make long-term wealth building realistic for everyday people across the UK, supporting goals and financial security.

Chip’s vision is to become the main digital wealth app used across the UK for long-term financial planning. The company aims to create a single platform where users can save, invest, and manage money with ease. The vision centres on building an investment super app that brings together savings accounts, ISAs, and a wide range of investment funds in one place. Chip plans to use technology and automation to remove barriers that often stop people from investing. The long-term vision is to support millions of users in building financial stability and wealth through accessible, low-effort tools that fit into daily life.

Chip has received recognition within the UK’s financial technology sector for its savings and wealth tools. It won Best Personal Finance App at the British Bank Awards in 2022 and was named Best Savings Provider at the Finder Awards in 2023. Chip has been ranked among the fastest-growing technology companies, including recognition as the 6th fastest-growing tech company in the UK by The Sunday Times and 12th in Europe by the Financial Times. The platform has grown through a large community of more than 27,000 shareholders and continues to be noted for its work in automating savings and expanding investment access.

Chip offers a wide range of products and services designed to help people save and invest in one simple app. The platform focuses on long-term wealth building and makes both saving and investing easy through automation, clear options, and secure systems.

Chip’s core services begin with savings products. The app provides multiple savings accounts that suit different needs, including an Easy Access Account, an Instant Access Account, a Cash ISA, and a Prize Savings Account. All savings products are powered by ClearBank, a UK-authorised bank. Deposits in these accounts are protected up to £85,000 under the Financial Services Compensation Scheme (FSCS). Users can deposit and withdraw money instantly, with clear interest rates displayed in the app. The Cash ISA allows users to earn interest without paying tax, making it suitable for people planning long-term goals such as buying a home or building an emergency fund.

The Prize Savings Account is another key savings product. It works like a standard savings account but also enters users into a monthly prize draw. This feature encourages regular saving and gives users extra motivation to keep money aside. Chip also provides saving tools like auto-saves, where the app uses smart technology to move small amounts of money into savings based on spending patterns.

Chip has expanded its services by offering investment products for long-term wealth growth. The Stocks and Shares ISA allows users to invest tax-efficiently in different funds. Account setup is quick, with no paperwork, and users can start investing with small amounts. Chip acts as the platform through which users access curated investment funds from global asset managers.

Investment options include well-known market indices such as the S&P 500, MSCI World, and NASDAQ 100. Users can also choose funds linked to specific themes, such as technology, artificial intelligence, and global equities. Chip provides access to a Physical Gold fund for people who want to hold a more stable asset in their portfolio. These options allow users to diversify their investments based on their goals and risk tolerance.

Chip’s investment service is powered by Seccl, which provides API-based custody, trading, and settlement. This setup means transactions happen automatically, and orders are sent straight to the market without manual steps. Users can set investment preferences and enable auto-investing to stay consistent with their long-term plan.

The app also includes financial tools and guides to help users make informed decisions. These tools include an Interest Rates Calculator, a Savings Goal Calculator, a Stocks and Shares ISA Calculator, and a Return on Investment Calculator. Educational content covers investment basics, types of asset classes, portfolio management, and guidance on ISAs.

Chip supports a wide range of financial goals, including saving for a first home, planning a wedding, building a family fund, or preparing for retirement. It also provides security features such as biometric login, secure connections, and fraud monitoring. A UK-based support team is available seven days a week to help users manage their accounts.