FinTech Magazine April 2024 | Page 42

CHIME FINANCIAL
TOP 10

05

CHRIS BRITT

CHIME FINANCIAL

REVENUE : US $ 3.16BN ( FY 2023 ) EMPLOYEES : 1,500 EST . CEO : CHRIS BRITT FOUNDED : 2012
Chime is the fintech revolutionsing the overdraft fees landscape for customers . The US fintech is one of the most rapidly expanding today , collaborating with regional banks to create customercentric products that emphasise members ’ financial well-being . This approach has helped Chime fork out a more competitive market offering with cost-effective alternatives for Americans who believe traditional banks fall short in effectively serving their clients . After a significant funding round of US $ 750m in the summer of 2021 , during a peak period of investor interest in fintech startups , Chime attained a valuation of US $ 25bn .
42 April 2024