Chime

Chime Financial, Inc. is a San Francisco-based fintech company founded in 2012 by Chris Britt and Ryan King. It offers fee-free mobile banking services through partner banks, The Bancorp Bank, N.A. and Stride Bank, N.A. Chime operates a digital-only platform via its mobile app, focusing on underserved consumers and promoting healthy financial habits without traditional banking fees. Chime provides a range of services, including a checking account with no monthly fees, a high-yield savings account, and a credit builder card that helps users establish credit history. Other features include fee-free overdraft protection, early paycheck access, and peer-to-peer payment services. All services are accessible through the Chime app, which emphasizes a seamless digital banking experience. Chime's business model relies on interchange fees, allowing it to offer innovative solutions while serving millions of members.