Fee Free Mobile Banking
Investment Highlights
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Founded on the premise that basic banking services should be helpful, easy and free
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Chime has 8M+ account holders
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Chime offers various fee-free banking including checking accounts, automated savings features, and early wage access
Company Overview
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Member First Financial Products
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Fee-free Mobile Banking
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Fintech, Not A Bank
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No Physical Branches
Chime is a financial technology company, not a bank. Chime wants to profit with its members, not from them
Chime is an American financial technology company providing fee-free mobile banking services, owned by The Bancorp Bank or Central National Bank.
Account holders are issued Visa debit cards and have access to a completely digital banking experience. Chime earns the majority of its revenue from the collection of interchange fees.
Chime has no physical branches and does not charge monthly or overdraft fees. Chime has 8M+ account holders and accounts are insured up to the maximum deposit insurance of $250,000.
Chime partners with regional banks to design member-first financial products for a better, lower-cost option for everyday Americans.
Unicorn Companies on the PrimaryMarkets Platform
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USA based Companies with an estimated market capitalisation in excess of US$1B
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Trading in these securities entails compliance with USA regimes such as FINRA and SEC as well as possible ROFR (Right Of First Refusal) imposed by many Unicorns
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All Traders must be Sophisticated, Professional, Institutional, Accredited Investors
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Minimum trade size US$250,000
Team
- Management
- Directors
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Melissa Alvarado
CMO
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Mark Troughton
COO
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Matt Newcomb
CFO
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Chris Britt
CEO & Co-Founder
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Ryan King
CTO & Co-Founder
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Lauren Kolodny
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