Chime: $14.5 billion

Chime Financial, Inc. is a financial technology company based in the United States that offers fee-free mobile banking services through The Bancorp Bank or Stride Bank, N.A. Account-holders are given Visa debit or credit cards and have access to an online banking system via the company's website or mobile apps. The majority of Chime's revenue comes from the collection of interchange fees.

Chime is a virtual bank with no physical locations and no monthly or overdraft fees. Chime is regarded as the country's largest digital quasi-bank, offers no-fee checking accounts, a debit card, and overdraft protection. When it released a starting credit card and gave early access to government stimulus money in 2020, annualized sales reached $600 million. Chime had 8 million registered users as of February 2020. Chime's partners' bank accounts are covered up to the normal maximum deposit insurance value of $250,000.

Detailed Information:

Founded 2013; 9 years ago

Founders: Chris Britt and Ryan King
Headquarters: San Francisco, California, United States

Revenue: the US $200 million (2019)