Chime - About the company
Chime is a public company based in San Francisco (United States), founded in 2012 by Cortney Mcdermott. It operates as a Digital bank for individuals. Chime has raised $3.15B in funding from investors like DST Global, Sequoia Capital and General Atlantic. The company has 1561 active competitors, including 148 funded and 95 that have exited. Its top competitors include companies like Nubank, Monzo and Starling Bank.
Sectors and market segments that Chime operate in
Chime serves in the FinTech market segments.The primary business model of Chime is:Company Details
Digital bank for individuals. Its services include debit cards, savings account, money transfers, cash withdrawals, online/offline payments, check deposits, and more. It also offers transaction and balance alerts. The application is available on iOS and Android devices.
- Website
- chime.com
- Social
- Email ID
- *****@chime.com
- Phone Number
- +1 **********
- Registered Address
- Indianapolis, Indiana
Key Metrics
Founded Year
2012
Location
San Francisco, United States
Stage
Public
Total Funding
$3.15B in 10 rounds
Latest Funding Round
Investors
Ranked
3rd among 1561 active competitors
Annual Revenue
$1B+ as on Dec 31, 2024
Employee Count
2,506 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Chime
Chime is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CHIME FINANCIAL INC CIN: 32085795741 , United States, Active | $1B+ (As on Dec 31, 2024) | - | - | |
Chime Financial Inc CIN: 5159085 , United States, Active | Jun 22, 2017 | - | - | - |
CHIME FINANCIAL, INC. CIN: 46-0925388 , United States, Active | Dec 31, 2011 | - | 1297 (As on Dec 31, 2022) | - |
CHIME USA, INC. CIN: 43548570 , United States, Active | Dec 26, 999 | - | 178 (As on Dec 31, 2024) | - |
THE BANCORP, INC. CIN: 233016517 , United States, Active | Jul 19, 1999 | - | 767 (As on Dec 31, 2024) | - |
Chime's IPO details
Chime got listed on Jun 12, 2025.
Click here to take a look at Chime's IPO in detail
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Chime's funding and investors
Chime has raised a total funding of $3.15B over 10 rounds. Its first funding round was on 2012. Its latest funding round was a Series F round on Aug 06, 2021 for $1.1B. 5 investors participated in its latest round. Chime has 58 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Chime:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 06, 2021 | $1.1B | Series F | $25B | - | ||
Sep 18, 2020 | $534M | Series E | $14.5B | - | - | |
Dec 09, 2019 | $700M | Series E | $5.8B | - |
Access funding benchmarks and valuations. Sign up today!View details of Chime's funding rounds and investors
Chime's founders and board of directors
Founder? Claim ProfileThe founders of Chime is Cortney Mcdermott.
Here are the details of Chime's key team members:
- Cortney Mcdermott: Co-Founder & Owner of Chime.
Chime's Board of Directors
Chime's board has 9 active members. Matthew Newcomb, Ryan King, Shawn Carolan, Jim Feuille, Katherine Karas, Susan Decker, Christopher Britt, Cynthia Marshall and James J. Dunne III are independent board members.Here is the list of Chime's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 6y 9m | |
Independent board member | - | Current | 6y 9m | |
Independent board member | - | Current | 6y 9m | |
Independent board member | - | Current | 6y 9m | |
Independent board member | - | Current | 6y 9m | |
Independent board member | - | Current | 5y 0m | |
Independent board member | - | Current | 6y 9m | |
Independent board member | - | Current | 5y 0m | |
Independent board member | - | Current | 5y 0m |
View details of Chime's Founder profiles and Board Members
Chime's employee count trend
Chime has 2,506 employees as of Aug 26. Here is Chime's employee count trend over the years:
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Chime's Competitors and alternates
Top competitors of Chime include Nubank, Monzo and Starling Bank. Here is the list of Top 10 competitors of Chime, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of digital banking services, including credit cards and accounts | $2.27B | 89/100 | ||
2nd |  Monzo 2015, United Kingdom, Series I | Provider of digital banking services including savings accounts and loans | $2.41B | 84/100 | |
3rd |  Chime 2012, San Francisco (United States), Public | Digital bank for individuals | $3.15B | 83/100 | |
4th | Starling Bank 2014, London (United Kingdom), Series D | Provider of digital banking services including savings and payment accounts | $1.01B | 83/100 | |
5th | Revolut 2015, London (United Kingdom), Series E | Provider of banking solutions for retail customers and businesses | $1.99B | 82/100 | |
6th | Dave 2016, Los Angeles (United States), Public | Developer of a mobile banking application offering financial management tools | $63.6M | 81/100 | |
7th |  Atom bank 2014, Blyth (United Kingdom), Series F | Provider of digital savings accounts mortgages and commercial business loans | $852M | 80/100 | |
8th | Green Dot 1999, Pasadena (United States), Acquired | Provider of mobile banking services, debit cards, and related financial products | $109M | 79/100 | |
9th | Provider of mobile banking services, including savings, investment, and crypto | $1.72B | 78/100 | ||
10th | Provider of digital banking services including savings accounts and loans | $187M | 78/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Chime's competitors? Click here to see the top ones
Chime's Investments and acquisitions
Chime has not made any investments yet. Chime has made 4 acquisitions.Here is the list of latest three $acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 08, 2026 | Acquisition | 1913 | Enid (United States) | |
Jun 26, 2024 | Acquisition | 2022 | New York City (United States) | |
Aug 16, 2021 | Acquisition | 2016 | San Francisco (United States) |
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Reports related to Chime
Here is the latest report on Chime's sector:
News related to Chime
Filter this listMedia has covered Chime for a total of 29 events in the last 1 year, 13 of them have been about company updates and 4 about partnerships.
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Chime Considers Integrating Stablecoin Wallet into Consumer Banking AppPYMNTS.com•Aug 14, 2026•Chime
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Chime Raises Member Growth Target on Strong Direct Deposit Conversion and Product UptakePYMNTS.com•Aug 06, 2026•Chime
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Consumer Fintech Chime to Slash 10% of Workforce Due to AI-driven EfficienciesCrowdfund Insider•Aug 03, 2026•Chime
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Chime Achieves First GAAP Profitability in Q1 2026 with 10.2 Million MembersPYMNTS.com•May 06, 2026•Chime
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Pictet Asset Management Holding SA Acquires 48,920 Shares of Chime Financial, Inc.MarketBeat•May 04, 2026•Pictet Group, Chime
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