Fintechs Bringing on More Customers than Ever

Many Americans are taking a new look at their personal finances and are increasingly looking to popular fintech applications; Chime is perhaps the most noteworthy as they have been working to help their customers get stimulus payments; Chris Britt, co-founder and CEO stated, “This crisis is an opportunity for companies to really show their true colors…The actions that companies take at this time will really define their position and define their brands.” Chime currently has 8 million customers and reported record signups this past Monday; other fintechs such as Stash and M1 Finance are also seeing a dramatic increase in customers; Business Insider shares more on their traction in this article. Business Insider

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