ChipIn Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
ChipIn Inc. - overview
Established
2005
Location
London, -, UK
Primary Industry
Financial Services
About
ChipIn Inc. operates within the blockchain and fintech sectors, delivering innovative financial solutions aimed at enhancing inclusivity and streamlining transactions for diverse clients. ChipIn Inc. specializes in blockchain and fintech solutions, founded in 2005 in London, UK.
The company has completed four deals, with its most recent deal occurring on August 2, 2011, when it was acquired by InMobi Technologies Pvt. Ltd. Marcel Koster is the founder of ChipIn, and Jason Li currently serves as CEO. The company has undergone significant changes in its business strategy, pivoting to focus primarily on ethical financing.
ChipIn specializes in providing innovative solutions in the blockchain and fintech sectors, focusing on services that enhance financial inclusivity and streamline transactions. Its core offerings include a comprehensive operating system designed for ethical financing, allowing clients to bridge significant gaps in sustainable infrastructure development. ChipIn's products are aimed at a diverse clientele, including institutional investors, fintech startups, and corporations seeking to leverage blockchain technology for secure and efficient transactions. The company operates in key geographical markets, including North America, Europe, and parts of Asia, targeting customers that range from individual consumers to large enterprises requiring advanced financial solutions.
By integrating blockchain capabilities with user-friendly interfaces, ChipIn enables clients to navigate the complexities of digital asset management and investment with ease. ChipIn generates revenue through a combination of subscription services, partnerships, and direct transactions with clients. The company's business model facilitates B2B engagements, wherein institutional clients subscribe to its operating systems for ethical financing and blockchain integration. Transactions are structured to support ongoing customer engagement, characterized by tiered subscription plans that provide access to various features based on client needs.
These may include transaction monitoring, analytics tools, and compliance support, all tailored to enhance operational efficiency. ChipIn's flagship offerings, particularly in ethical financing, allow it to capture market demand in sustainability-focused investment channels, establishing a robust revenue stream from its diverse client base. ChipIn plans to design and launch new products that enhance its blockchain capabilities, although specific release dates are not currently available. The company aims to expand into additional regions across Europe and Asia by 2023.
The funding round of USD 0. 96 mn raised in August 2011 may support these initiatives as the company continues to develop its product offerings. Following its acquisition by InMobi Technologies, ChipIn's strategic direction focuses on integrating its innovative solutions within larger market frameworks.
Current Investors
CommerceNet, Polaris Partners, Global Venture Capital
Primary Industry
Financial Services
Sub Industries
e-Financial
Website
www.chipin.com
Verticals
FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.