Articles from Chime

Chime®, a leading consumer financial technology company, today announced that it is rolling out a host of powerful new features, including Chime+, a premium membership tier designed to make its everyday mobile banking* experience even better.

Leading consumer financial technology company Chime® announced today the launch of Instant Loans—a product that provides instant access to up to $500 in funds with a fixed interest rate that is lower than what’s typically observed in the industry. Like all of Chime’s services, Instant Loans is easy to use and transparent, and unlike some other loan products, there is no credit check to qualify. Instead, Chime leverages its proprietary technology platform and rich data sources to help determine eligibility. On-time payments can also help members build credit over time.

Chime® announced today that its Chime Scholars Foundation (“CSF”) has opened applications for the 2025-2026 academic year. Aspiring scholars can now apply for scholarships of up to $20,000 to support their education, paving the way for greater career opportunities and higher earnings.

Today, Chime®, The #1 Most Loved Banking App3, announced that members can now file taxes for free4 directly from the Chime app to simplify tax season. Following a successful pilot program in 2024, this new in-app feature is available for all new and existing Chime members and offers a truly streamlined e-filing experience with no unexpected paywalls and no filing fees. Members can file their federal and state taxes directly through the Chime app, saving time and money.

Chime, The #1 Most Loved Banking App1, today announced an extension to their strategic sponsorship with the Dallas Mavericks. As an official Jersey Patch sponsor, the Chime logo remains featured on the left front shoulder strap of all four official Dallas Mavericks jerseys and on practice, authentic and swingman jerseys for purchase in the Mavs Hangar. The Chime logo will also continue to have prominent signage at American Airlines Center, including the new Chime Lobby on the Terrace level. Chime became a sponsor and official Jersey Patch sponsor of the team in 2020.

Leading consumer financial technology company, Chime®, the #1 Most Loved Banking App1, announced today that its fee-free overdraft feature, SpotMe2, has covered its members with more than $30 billion in transactions since the product launched in 2019. SpotMe® empowers everyday people to Unlock Financial ProgressTM by providing a safety net when they need it most.

Every day, American workers earn billions of dollars but more than 70% have to wait at least two weeks to receive their hard earned money.1 With growing inflation on everyday spend for things like gas, groceries, and car insurance, Chime - The #1 Most Loved Banking AppTM 2 - knows people need flexibility and control over their pay now more than ever. Chime is offering a common-sense alternative, MyPay, that lets Americans access up to $500 of their pay when they want with no interest, no credit check, no mandatory fees, and no two-week waiting period.

Chime®, the #1 Most Loved Banking App1, today announced the addition of three key executives to its leadership team. The new leadership will help strengthen the company and its product portfolio as Chime continues on its mission to help everyday people unlock financial progress.TM

Chime®, the #1 Most Loved Banking App1, today announced that it has acquired Salt Labs, an enterprise technology company focused on helping hourly workers own the long-term value of their work. As part of the acquisition, the Salt Labs team, led by Jason Lee, and the Company’s offerings will become a part of Chime. Chime will gain immediate access to Salt Labs’ enterprise client relationships, opening opportunities for new primary account growth and revenue streams. Transaction details were not disclosed.

Chime®, The #1 Most Loved Banking App™ 1, today introduced MyPay™—a low cost, transparent and seamless offering that allows qualifying Chime members to access up to $500 of their pay before payday2. MyPay is the latest innovation from Chime that aims to disrupt the status quo in banking by addressing the needs of everyday people and helping them unlock financial progress™. In 2022, Americans earned $10 trillion in wages and salaries,3 but 73% of workers have to wait at least two weeks to receive their pay,4 leading many to rely on high-interest credit cards, payday loans or overdraft fees to make it to their next paycheck.

SAN FRANCISCO, CA / ACCESSWIRE / August 24, 2021 / Car payments. Mortgage bills. School loans. Americans keep getting swept under by debt, making financial freedom seem like a unicorn dream. According to reporting from Pew, 86% of Millennials carry some kind of debt. In fact, about eight out of 10 adults owe money, whether for education, transportation, or housing. Those high numbers indicate just how impossible it can be to manage