About Chime
Chime is a company based in San Francisco (United States) founded in 2012 by Ryan King and Chris Britt.. Chime has raised $3.16 billion across 11 funding rounds from investors including Northwestern Mutual, General Atlantic and SoftBank Vision Fund. The company has 1,440 employees as of December 31, 2024. Chime has completed 3 acquisitions, including Charlie, Pinch Rent and Salt Labs. Chime operates in a competitive market with competitors including Stash, Dave, Albert, Umba and Yotta, among others.
- Headquarter San Francisco, United States
- Employees 1440 as on 31 Dec, 2024
- Founders Ryan King, Chris Britt
- Stage Decacorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Chime Financial, Inc.
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Annual Revenue
$1.6 B24.92as on Dec 31, 2024
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Net Profit
$-25.34 M87.53as on Dec 31, 2024
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EBITDA
$-35.53 M83.5as on Dec 31, 2024
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Total Equity Funding
$3.16 B (USD)
in 11 rounds
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Latest Funding Round
$1.1 B (USD), Series F
Aug 06, 2021
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Investors
Northwestern Mutual
& 20 more
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Employee Count
1440
as on Dec 31, 2024
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Investments & Acquisitions
Charlie
& 2 more
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IPO & Listings of Chime
Chime is a publicly listed company on the NASDAQ with ticker symbol CHYM in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
107 people
Product Management Team
58 people
Sales and Marketing
35 people
Leadership Team
27 people
Human Resources and Administration
23 people
Senior Team
22 people
Finance and Accounting
21 people
Operations Team
14 people
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Funding Insights of Chime
Chime has successfully raised a total of $3.16B across 11 strategic funding rounds. The most recent funding activity was a Series F round of $1.1 billion completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series F — $1.1B
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First Round
First Round
(04 Nov 2014)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series F - Chime | Valuation | Sequoia Capital | |
| Sep, 2020 | Amount | Series E - Chime | Valuation | Coatue , Tiger Global Management |
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| Dec, 2019 | Amount | Series E - Chime | Valuation | DST Global |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Chime
Chime has secured backing from 21 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Northwestern Mutual, General Atlantic and SoftBank Vision Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital investments in technology and startups.
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Founded Year | Domain | Location | |
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Private equity fund focused on global markets
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Chime
Chime has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Charlie, Pinch Rent and Salt Labs. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Contingent workforce is managed via online platform for employee benefits.
|
2022 | ||||
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Expenses and income are tracked via AI text-based tool.
|
2016 | ||||
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Provider of home brokerage services
|
2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Chime
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Chime Comparisons
Competitors of Chime
Chime operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stash, Dave, Albert, Umba and Yotta, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Automated investment and robo-advisory services are offered to individuals.
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| domain | founded_year | HQ Location |
Digital banking services are provided for easier financial management.
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| domain | founded_year | HQ Location |
Digital banking app is offered for savings, investing, and budgeting.
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| domain | founded_year | HQ Location |
Digital banking solutions are offered to individuals through mobile apps.
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| domain | founded_year | HQ Location |
Digital banking services for consumers are offered via mobile app.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Chime
Frequently Asked Questions about Chime
When was Chime founded?
Chime was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Chime located?
Chime is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Chime?
Chris Britt is the current CEO of Chime. They have also founded this company.
Is Chime a funded company?
Chime is a funded company, having raised a total of $3.16B across 11 funding rounds to date. The company's 1st funding round was a Series E of $700M, raised on Nov 04, 2014.
How many employees does Chime have?
As of Dec 31, 2024, the latest employee count at Chime is 1,440.
What is the annual revenue of Chime?
Annual revenue of Chime is $1.6B as on Dec 31, 2024.
What does Chime do?
Chime was founded in 2012 in San Francisco, United States, as a fintech company focused on digital banking. Core operations include providing debit cards, savings accounts, money transfers, cash withdrawals, and payment processing both online and offline. Check deposits and transaction alerts are also supported. The platform is accessible through iOS and Android applications, serving users across the country.
Is Chime publicly traded?
Yes, Chime is publicly traded on NASDAQ under the ticker symbol CHYM.
How many acquisitions has Chime made?
Chime has made 3 acquisitions, including Charlie, Pinch Rent, and Salt Labs.
Who are Chime's investors?
Chime has 21 investors. Key investors include Northwestern Mutual, General Atlantic, SoftBank Vision Fund, Omidyar Network, and Sequoia Capital.
What is Chime's ticker symbol?
The ticker symbol of Chime is CHYM on NASDAQ.
What is Chime's valuation?
The valuation of Chime is $25B as of Aug 2021.
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