Chip x slow going

Really quiet on chip x front only 37 of 2500 deployed and nothing since 08 July

Hi @Chipphil, we put out an update on ChipX at the end of July here: https://community.getchip.uk/t/chipx-update-24-july/1179

We also have a more recent update on what’s coming for ChipX here: https://www.getchip-community.uk/chipx-the-future-of-returns

Basically, we found that the demand to lend money was far greater than we expected, and need to be cautious and select borrowers very carefully, as we’re making delicate credit decisions. This means that funds are being deployed slowly, but I think you’ll be pleased with what we have planned for ChipX. :slight_smile:

Thank you Sarah for the swift response I am naturally eager for everything to succeed possibly too much sometimes :grinning:

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