Australian fintech start-up Chippit is caught in a copyright dispute with global payments giant PayPal over the naming of a new product feature, which the company planned to call “PayPool.”
Chippit, which was founded in November 2021 and has raised about $500,000 from start-up accelerator Antler and other angel investors, offers a digital wallet that allows a group of users to pool their savings and lend money to each other.
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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com
