Chime logo — We unite everyday people to unlock their financial progress.

Chime

We unite everyday people to unlock their financial progress.

Founded 2012 United States San Francisco, United States 2482 employees IPO Total: $3.26B Financial Services, Fintech +1

General Information

Company Name Chime
Founded Year 2012
Location United States San Francisco, United States
Employees 2482
Industries Financial Services, Fintech, Banking
Funding Stage IPO
Business Model B2C, Freemium, Embedded Finance
Revenue Model Freemium, Affiliate

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About Chime

Chime, founded in 2012, is a prominent player in the Financial Services, Fintech, and Banking industries based in the United States. With its compelling slogan, "We unite everyday people to unlock their financial progress," Chime is focused on democratizing access to financial services through user-friendly platforms and tools.

The company stands out by offering products that exclude overdraft fees and allow members to receive paychecks up to two days in advance when using direct deposit. It also assists consumers in building credit history and financial literacy, making it a popular choice for everyday Americans seeking financial empowerment. By prioritizing member feedback, Chime has grown its team to over 1,300 employees (referred to as "Chimers") and has expanded its offerings effectively, challenging traditional banking paradigms.

Chime recently secured a $227.31M Post-IPO Equity investment from Hamilton Lane on April 1, 2026, reinforcing its disruptive presence in the financial technology sector.

Taxonomy: digital banking, personal finance management, member-centric services, overdraft protection, early direct deposit, credit building, financial literacy, savings automation, transaction revenue model, banking industry disruption, transparent banking services, financial empowerment, money management tools, fintech innovation

Services & Products

Fee-free checking accounts
Cashback reward programs
High APY savings accounts
Early access to paycheck
SpotMe overdraft protection
Credit builder tools
MyPay credit line

Target Customers

Individuals struggling with bad credit Users seeking fee-free banking options Customers preferring early paycheck access People looking to build or improve credit Tech-savvy users who prefer mobile banking

Funding Rounds & Investors (13)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity $227.31M 1
Hamilton Lane
01 Apr 2026
Post-IPO Equity $129.10M 1
Ashton Thomas Private Wealth
01 Jan 2026
IPO $864.00M -
01 Jun 2025
Secondary Market Undisclosed 1
Vantage Legacy Capital
01 Jul 2023
Series G $750.00M 6
General Atlantic, SoftBank Capital +4
01 Aug 2021
Series F $485.00M 8
Access Technology Ventures, Coatue +6
01 Sep 2020
Series E $500.00M 7
Access Technology Ventures, Coatue +5
01 Dec 2019
Series D $200.00M 8
Cathay Innovation, Forerunner Ventures +6
01 Mar 2019
Series C $70.00M 7
Cathay Innovation, Forerunner Ventures +5
01 May 2018
Series B $18.00M 6
Cathay Innovation, Forerunner Ventures +4
01 Sep 2017

View All 13 Funding Rounds

Chime Alternatives & Competitors

View All Alternatives
Chime vs
Varo Bank
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Chime vs
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Chime vs
Pockit
Pockit United Kingdom

Making it easy for people to access and manage the financial tools that help them stay in control of...

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51 employees
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FAQ About Chime

We unite everyday people to unlock their financial progress.
Chime was founded in 2012.
Chime is headquartered in San Francisco, United States.
Chime operates in Financial Services, Fintech and Banking. Its work centres on digital banking, personal finance management, member-centric services and overdraft protection. Its customers include Individuals struggling with bad credit, Users seeking fee-free banking options and Customers preferring early paycheck access.
Chime has a B2C, Freemium and Embedded Finance business model. Its revenue comes from Freemium and Affiliate.
Chime has approximately 2482 employees.
Chime has completed 13 funding rounds, raising a total of $3.26B. The latest funding stage is IPO.
Chime offers: Fee-free checking accounts, Cashback reward programs, High APY savings accounts, Early access to paycheck, SpotMe overdraft protection, Credit builder tools, MyPay credit line.
Top alternatives and competitors to Chime include Varo Bank, Dave, Pockit, CARD.com, US Eagle Federal Credit Union. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Chime and Varo Bank are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Chime, https://bouncewatch.com/company/chime-1, updated 2 July 2026. When citing, please name BounceWatch and link this page.

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