Chime serves over 18 million account holders and has posted $1.3B in revenue in 2023, increasing to $1.7B in 2024. The company has reduced its losses from $203M in 2023 to $25M in 2024.
Revenue Amount
$1,700,000,000
Founders
Chris Britt, Ryan King
Company Description
Chime is a US neo bank that delivers fee-free banking via its mobile app, targeting those often overlooked by legacy banks. The company aims to create a more inclusive and transparent banking experience for millions of Americans seeking alternatives to costly overdraft fees.
Market
Consumer Banking
Location
San Francisco,
California,
United States
Coinvestors
Cathay Innovation, DST Global, Access Industries, Crosslink Capital, General Atlantic, Menlo Ventures, Iconiq Capital