Trading

Chime

Fee Free Mobile Banking

INDUSTRY

Technology

STATUS

Trading

OPEN TO

Public

Investment Highlights


Founded on the premise that basic banking services should be helpful, easy and free

Chime has 8M+ account holders

Chime offers various fee-free banking including checking accounts, automated savings features, and early wage access

Company Overview


Member First Financial Products

Fee-free Mobile Banking

Fintech, Not A Bank

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

USA based Companies with an estimated market capitalisation in excess of US$1B

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

All Traders must be Sophisticated, Professional, Institutional, Accredited Investors

Minimum trade size US$250,000

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