Chime news and trends

As Chime Mulls IPO, Neobanks Grapple With Uneven Profitability
Digital Banking // March 26, 2024

As they say in horse racing and on Wall Street: You pays your money and you takes your choice. The news that Chime Financial is mulling an initial public offering next year means some is mulling in store for investors. They might be well-served in pondering some...

Chime Extends Fee-Free Overdraft Feature to Credit Builder Card
Personal Finance // March 25, 2024

Chime’s fee-free overdraft feature, SpotMe, is now available when members use the Chime Secured Credit Builder Visa Credit Card, in addition to debit card purchases and cash withdrawals. With this overdraft line of credit, members can access up to $200 in fee-free SpotMe coverage when using their...

Chime Plans to Launch IPO in US in 2025
IPO // March 22, 2024

Chime Financial reportedly plans to launch its initial public offering (IPO) in 2025. The FinTech company aims to do so in the United States but has not yet engaged banks for the IPO, Bloomberg reported Friday (March 22), citing unnamed sources. Chime did not immediately reply to PYMNTS’...

Chime Expands Availability of In-App Tax Filing Pilot Program
Taxes // March 14, 2024

Chime has expanded the availability of free access to its in-app tax filing pilot program. Following a successful pilot launch, the new tax feature is now available to millions more eligible Chime members, the banking app said in a Thursday (March 14) press release. “Offering...

Quick Reads
Chime Extends Fee-Free Overdraft Feature to Credit Builder Card

March 25, 2024
Chime’s fee-free overdraft feature, SpotMe, is now available when members use the Chime Secured Credit Builder Visa Credit Card, in addition to debit card purchases and cash withdrawals. With this overdraft line of credit, members can access up to $200 in fee-free SpotMe coverage when using their Credit Builder card, the company said in a Thursday (March […]

Chime Plans to Launch IPO in US in 2025

March 22, 2024
Chime Financial reportedly plans to launch its initial public offering (IPO) in 2025. The FinTech company aims to do so in the United States but has not yet engaged banks for...

Chime Expands Availability of In-App Tax Filing Pilot Program

March 14, 2024
Chime has expanded the availability of free access to its in-app tax filing pilot program. Following a successful pilot launch, the new tax feature is now available to millions more...

Chime Adds Cash-Back Feature to Debit, Credit Cards

March 04, 2024
Chime has partnered with Upside to launch a fee-free cash-back feature. The new Chime Deals allows Chime members to take advantage of cash-back opportunities on everyday spending on things like gas, groceries and...