Chip: the robot banker trying to pull millennials out of their overdrafts

Find yourself in the red every month? Can't seem to budget responsibly? Chip could be for you - if you don't mind it snooping around your bank account

A robot banker who can pull you out of your overdraft sounds like the premise of a - dull, admittedly - sci-fi story, but Chip promises that it's here right now.

Just finishing its first year in existence, the start-up has a compelling pitch: plug it in to your bank account, and it will analyse your spending, moving money you don't need into a savings account, and slowly helping you hit financial security.