Digital Banking Startup Chime Has Passed One Million Customers

Chime, a 5-year-old digital banking startup, has passed 1 million customers and $4.5 billion in transaction volume. The San Francisco company markets itself to millennials as mobile-friendly and fee-free, with incentives to drive user adoption of its debit cards. It is now looking to drive up revenue by offering other services such as credit cards, loans and a marketplace. Source.

  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.