New banking app Chippit launches in beta in Australia
Chippit, a new digital banking app, has launched in Australia in a closed beta, access for which is currently waitlisted.
Founded in May this year, 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.
Based in Melbourne, Chippit recently raised $136,000 (AU$190,000) in pre-seed funding from venture capital firm Antler.
“We are building a solution 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,” Chippit says.
To read more, please click on the link below…
Source: New banking app Chippit launches in beta in Australia – FinTech Futures