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February 10, 2026

How this fintech raised £70m without VC backing

Chip has raised millions from retail investors and built a wealth app with 400k customers


Tom Matsuda

5 min read

A few years ago, employees at fintech startup Chip noticed something unusual: inside one of the company’s meeting rooms, a man in full Royal Mail uniform was sitting in deep conversation in a meeting room with the cofounders, Alex Latham and Simon Rabin.

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Tom Matsuda

Tom Matsuda is a fintech reporter at Sifted and writes our weekly fintech newsletter. Find him on X and LinkedIn

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