|Founders||Chris Britt and Ryan King|
|Headquarters||San Francisco, California, United States|
|Products||Checking accounts, savings accounts, debit cards, p2p, credit cards, fee-free overdraft|
|Revenue||US$200 million (2019)|
|Total assets||US$5.8 billion (2019)|
Chime is an American financial technology company which provides fee-free mobile banking services provided and owned by The Bancorp Bank or Central National Bank. Account-holders are issued Visa debit cards and have access to an online banking system accessible through the company's website or via its mobile apps. Chime earns the majority of its revenue from the collection of interchange.
Chime has no physical branches and does not charge monthly or overdraft fees. As of February 2020, Chime had 8 million account holders. Bank accounts provided via Chime's partners are insured up to the standard maximum deposit insurance amount of $250,000.
Chime was founded by Chris Britt (CEO) and Ryan King (CTO) in 2013 in San Francisco, California as an alternative to traditional banking. The company launched publicly on April 15, 2014 on the Dr. Phil Show. As of 2020, Chime has raised $1.5 billion in private funding.
In 2018, Chime acquired Pinch, a startup focused on helping millennials and young adults build their credit scores by reporting on-time rent payments to credit bureaus. Pinch's co-founders joined Chime's team as a part of the acquisition.
On October 16, 2019, Chime experienced a service outage leaving users without access to their deposits. The issue was resolved the next day.
In April 2020, in response to the financial strain of the COVID-19 pandemic, Chime announced a pilot program to provide users who e-filed tax returns with the IRS a $1,200 advance on the Economic Stimulus Payment via SpotMe, Chime's fee-free overdraft product.  Chime later announced the successful processing of over $375,000,000 in stimulus payments 1 week ahead of the scheduled government disbursement date.
In May 2021, the company agreed to stop using the term "bank" in marketing per complaints by the California Department of Financial Protection and Innovation.
In July 2021, ProPublica published an article detailing Chime's record of closing customer accounts without notice or explanation, sometimes refusing to return customer deposits. Chime has attributed the closures to the accidental byproduct of fraud prevention.
Chime offers various fee-free banking products, including checking accounts with no minimum balance, an automated savings feature, and early wage access.
In September 2019, Chime launched SpotMe, a fee-free overdraft service where customers can overdraw their accounts up to $100 without incurring an overdraft fee; once the overdraft limit is reached, purchases will be declined but no traditional negative balance fees charged.
Chime launched Credit Builder in June 2020, a credit card designed to help consumers build their credit history.
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