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Chippit launches in Australia

Monday 20 June 2022 12:10 CET | News

Chippit, a digital banking app, has launched in Australia in a closed beta, access for which is currently waitlisted.

Founded in May 2022, Chippit calls itself a social banking app that allows individuals to invite and save faster with their friends and family, as well as borrow at 0% interest rate to make purchases.

Chippit recently raised USD 136,000 in pre-seed funding from venture capital firm Antler.

The app aims to help debt conscious individuals, temporary residents, and students with work rights in Australia achieve their money goals faster and borrow interest free by saving with peers.


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Keywords: digital banking, product launch, online banking, mobile banking, spend management
Categories: Banking & Fintech
Companies: Chippit
Countries: Australia
This article is part of category

Banking & Fintech

Chippit

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