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Why you should set up direct deposit

CHIME

Founded: 2013( launched 2014) Headquarters: San Francisco, US CEO: Chris Britt

Chime has disrupted traditional US banking since 2013 by pioneering features that tackle common financial frustrations. This San Francisco-based financial technology company reaches more than 15 million customers through its banking partnership model. As one of America’ s largest neobanks by valuation, Chime stands out with its SpotMe overdraft protection and two-day early paycheque access. Its focus on fee-free banking and creditbuilding products has really connected with customers seeking alternatives to conventional banking charges.

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