CHIP RAISES £10M+ IN UNDER 48 HOURS

Chip, the automatic savings and investments platform and Scalar North Capital’s portfolio company raised £10m+ from crowdfunding and the government-backed Future Fund in under 48 hours.

Over 6000 investors participated, with the raise the largest convertible round in UK crowdfunding history. Over 25,000 people pre-registered on Crowdcube. A total of £2m was invested under 10 minutes and £4m in under an hour.

Read more here.