Chime

Chime is a financial technology company based in San Francisco, California, founded in 2012. As a neobank, it partners with national banks like The Bancorp Bank and Stride Bank to provide mobile banking services without traditional banking fees. Chime aims to offer affordable and user-friendly financial products tailored for everyday Americans facing financial challenges.

Chime provides a range of services, including online checking and high-yield savings accounts with no monthly fees or minimum balance requirements. Its SpotMe® service allows eligible members to cover transactions up to $200 without overdraft fees. The MyPay™ feature gives users access to earned wages before payday, and the Chime Credit Builder Visa® Credit Card helps individuals build or improve their credit scores. Additionally, Chime facilitates peer-to-peer payments through its mobile app.

Chime focuses on financial inclusion and innovation, serving primarily those who are underserved or financially vulnerable. Its mission is to help members manage their finances better and access liquidity without the typical fees associated with traditional banks.