Chime Stock

chime.comFinTechFounded: 2013Funding to Date: $2.9B

Chime is a fintech company providing a suite of consumer products including debit cards, spending accounts, and optional savings account, all on a mobile banking app. The financial technology company was founded in 2013 on the premise that basic banking services should be helpful, easy and free. The company partners with regional banks to design member first financial products.

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Team

Management Team

Mark Troughton
Chief Operating Officer
Vineet Mehra
Chief Marketing Officer
Janelle Sallenave
Chief Experience Officer
Christopher Britt
Co-Founder, Chief Executive Officer & Board Member
Matthew Newcomb
Chief Financial Officer
Victoria Edison
Chief Compliance Officer & Vice President
Xiongwen Rui
Chief Risk Officer

Board Members

Kirsten Green
Forerunner Ventures
Shawn Carolan
Menlo Ventures
James Feuille JD
Crosslink Capital
Lauren Kolodny
Aspect Ventures

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News

The disruption of traditional bricks-and-mortar banks by fintech companies was already occurring when the pandemic sent startups offering banking services faster, cheaper, and more digitally accessible into overdrive.
People can’t seem to decide which digital banking experience they like best, which would explain the tangle of tied scores and new or returning names to PYMNTS’ Provider Ranking of Digital Banking Apps. It would also explain why there are currently 16 apps in a Top 10 ranking. Let’s have a look.
Chime spent much of this year trying to buy paycheck-advance startup DailyPay, but both of its offers–including a $2 billion bid–were rejected, according to people with direct knowledge of the deal talks.
Updated on: Jun 5, 2023