Looks like the investor link is uncapped with public capped:
āYou can invest an uncapped amount for the first 72 hours after you receive your private link. Then from Monday 16 September, a Ā£1,200 investment cap will apply if there is any allocation remaining.ā
Not yet. Uncapped allocation for existing investors ends at noon today, it will then be opened up to the Chipmunk community - ie active users who signed up for testing and other activities. £2.1m raised so far.
āAs existing shareholders, you still have the opportunity to invest an uncapped amount until 4:00 PM today. Weāll be opening up the crowdfund to our wider community of ChipMunks and savers later this week (if there is any allocation from our Series B remaining). This cap will give our entire community a fair chance to invest in Chip.ā
I donāt remember how someone would qualify as a āChipmunkā.
Currently via investing Ā£600+. Iām not an investor and donāt intend to invest but itās pretty poor imho you canāt even join their online communities if you invest less than Ā£300.
I expect this next round will be another Crowdcube-busting-fintech-market-overload frenzy Ć la Moneybox in July 2020.
Excited to see Chipās financials when they come out today.
Their burn is VERY high (team of 70, only started making revenue this summer, negative gross margins by self-funding 0.5% of their 1% interest payout)ā¦
But growth is v impressive. Low CAC. Classic fintech. Iāll probs invest.