Chip
AI-powered chat bot that automates your savings 💸
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Chip - AI-powered chat bot that automates your savings 💸

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this looks awesome, reckon it will do wonders for my girlfriends budgeting ;)
Maker
Hi Guys, Chip is an iOS & Android app that comes in the form of a bot. You connect the app to your bank account with read-only access and tracks your spending. From there, using AI, it uses the data to calculate what you can afford to save without having an impact on your day-to-day life, and automatically saves it for you via Direct Debit. It learns how you spend and saves money only when you can afford it. You can withdraw any time, save more any time, save less any time… etc. etc.
Maker
I've tested it and it's working for us on mobile and desktop? EDIT: 😀 😬 😁
Maker
I love this! Is this the U.K. version of Digit?
Maker
near enough yep 🤓We've been chatting to Digit and seem to be on the same page...just other side of the pond.
Is this not available in US? Also, it looks like this is no different to Digit which does exactly the same thing. How do you differentiate from Digit?
Digit is U.S. and Chip is U.K.
Maker
yep - we're UK 🇬🇧
Great app ! What's your monetization strategy ?
Maker
Hi man, thanks! We’re still working on monetization model- right now we’re just getting product as great as possible and getting people using it. Going to be doing some pretty crazy promotion next week.
Ah man. I wish there was something like this for Canada. Oh well.
I've switched to Chip from Plum because of the interest offered on savings, plus Chip is a little more transparent about how the algorithm works. That combined with ICO registration and more info on data security really sold it to me. Waiting to see my first savings go out tomorrow.