Savings App Chip Offers Shares to Retail Investors in Private Market First
UKPulse Markets Desk
British tech company Chip is allowing retail investors to purchase its shares, marking a first for the new private securities market.
- Savings app Chip is a British tech company.
- Chip is offering its shares to retail investors.
- This is a first for the new private securities market.
British tech company Chip, a savings app, is targeting retail investors by offering them the chance to buy its shares. This move represents a first for the new private securities market.
The London Stock Exchange (LSE) reportedly hopes this new market will encourage more fast-growing scale-ups to remain in the UK.
Why this matters: The London Stock Exchange reportedly hopes this new private securities market will encourage fast-growing scale-ups to remain in the UK.