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Chime
Chime, the leader in the U.S. challenger banking segment, helps members avoid bank fees, save money automatically, and lead healthier financial lives. Chime offers a modern, mobile and connected approach to banking that gives members complete control.
Chime CEO Predicts Mobile Banking Surge Is Here To Stay
November 18, 2020
Chime, a mobile-based startup delivering banking services that has gained strength during the pandemic, is here to stay, according to CEO Chris Britt, CNBC reports.
The company’s good fortunes come as ...Latest Digital Banking App Ranking Holds Some Surprises
October 20, 2020
We’d hate to spoil the surprise .. so we won’t. Or perhaps it’s more accurate to say “they” didn’t spoil the surprise. Who are “they?” They are the brands tracked ...Today In Payments: FinCEN Files Reveal Billions In Suspicious Money Flows; Chime Now More Valuable Than Robinhood
September 21, 2020
In today’s top news FinCEN discovered an underworld of corruption in the world’s banks and how governments allow it to thrive, and challenger bank Chime is now worth more than ...Chime, Challenger Banks And The Challenges Of (Lofty) Valuations
September 18, 2020
On a day that saw a stock market rout – particularly on the tech-heavy Nasdq, which was down 1 percent – in at least some areas of finance, investors remain ...Mobile Banking Firm Chime Gets $14.5B Valuation With New Funding
September 18, 2020
Mobile banking upstart Chime has completed funding that has provided the firm with a $14.5 billion valuation, CNBC reported.
Chime, which CEO Chris Britt co-founded in 2013, provides clients mobile banking ...Chime Launches Credit Card That Taps Into Bank Account Funds
June 30, 2020
Credit Builder, a U.S. challenger bank, has debuted a new credit card that works like a debit card by letting customers spend only what’s in an account, TechCrunch reported.
With the ...Personal Finance Provider Rankings Hold Firm
June 19, 2020
When Microsoft entered the U.S. digital personal finance sector recently with its Money in Excel product, the gloves were off, so to speak, with more major players pushing into a ...Digital Banks Solid In Latest Provider Rankings
June 10, 2020
App-based digital challenger banks have been solidifying and expanding customer bases ever since COVID came to town. And while PYMNTS’ latest Provider Ranking of Digital Banking Apps shows consistency at ...Deep Dive: Legacy Banks And The Infrastructure Stumbling Blocks Keeping Them From The Cloud
June 2, 2020
An expanding number of challenger banks have eschewed the industry’s traditionally slow and steady innovation approach.
These banks are offering digital or mobile-only platforms powered by cutting-edge technologies like artificial intelligence ...Chime Gives $200 Advances On Stimulus Checks
April 9, 2020
Chime, America’s most valuable digital bank, has begun offering cash advances ahead of the $1,200 stimulus payments Americans will be receiving next week, according to a report by Forbes.
For now, ...Personal Finance Apps Vie For Top Spot
February 18, 2020
Personal finance apps – for budgeting, investing or just squirreling money away – fulfill a core tenet of digital transformation in finance: that machines can help us do more with ...US Backers Rain Money On Savvy Startups
January 7, 2020
Despite headline-grabbing startup debacles, U.S. investors are still hot to bankroll up-and-coming companies like challenger bank Chime, The Financial Times (FT) reported on Tuesday (Jan. 7).
In nine months, the valuation ...Top News In Payments: Visa To Begin New Certification Program; Circle Co-Founder To Depart Firm
December 6, 2019
In today’s top news in payments, Visa has announced it’s going to begin a new certification program in dispute resolution, as well as fund scholarships that can be used toward ...Chime Raises $500M On $5.8B Valuation
December 5, 2019
Silicon Valley-based Chime has raised $500 million in a Series E funding round that sent its valuation soaring to $5.8 billion, CNBC reported on Thursday (Dec. 5), citing sources.
The funding, ...Digital Bank Chime Suffers Outage Affecting 5M Customers
October 18, 2019
Online banking startup Chime has been hit with an outage that has left its 5 million customers with no access to their money.
The outage has been going on for the ...Digital Bank Chime Offers Overdraft Protection To Its 5M Customers
September 4, 2019
Chime, a digital banking startup based in San Francisco, said it has reached a threshold of five million customers and plans to introduce a new overdraft initiative to help them, ...Chime Valued At $1.5B After Capital Raise
March 5, 2019
Chime, the challenger bank based in the U.S., now has a valuation of $1.5 billion after raising $200 million in venture funding.
According to a report in CNBC, the San Francisco ...Chime Mobile Bank Lands $70M
June 1, 2018
This latest round of funding brings the company to over $100 million in total funding to date and values the business at around $500 million.
While traditional banks charged consumers over ...Mobile-Only Bank Chime Claims 750,000 Customers
January 24, 2018Chime, the mobile-only bank, is in high growth mode: The company has opened 750,000 accounts since its launch.
According to news in The American Banker, since the start of January, ...Chime, Common Cents Launch New Consumer Tool
February 28, 2017
It’s easy to go a long time without checking bank statements as long as the balance looks all right from a glance. Every now and then, however, banking fees can ...When Banking Frustration Closes A Door, An App Opens A Window
December 22, 2016
Goliath, meet David … the digital version of David in the banking world, that is. The December edition of Digital Banking Tracker™ features an interview with Chris Britt, CEO of ...Digital Banking Tracker: Mobile-First Newcomer Is Banking On Consumer Frustration With Big Banks
December 21, 2016
Exercising and making healthier choices are at the top of many people’s New Year’s resolutions. But staying financially healthy can be an equally important goal. The December edition of the Digital ...Mobile Banking and Millennials – Will the Love Last?
June 16, 2016
Hey, big banks, leave millennials alone! In the June edition of the Digital Banking Tracker™, Karen Webster spoke with Chris Britt, co-founder and CEO of Chime, a mobile-first digital banking ...Chime On Millennials And Mobile Banking – Will The Love Last?
June 15, 2016
Hey, big banks, leave millennials alone! In the June edition of the Digital Banking Tracker™, Karen Webster spoke with Chris Britt, co-founder and CEO of Chime, a mobile-first digital banking ...