In the News

The ‘Neo-Banks’ Are Finally Having Their Moment

Chime, the biggest new name to pop up, has opened two million fee-free online checking accounts and is adding more customers than Wells Fargo or Citibank.

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How to Save Money When It Feels Like You Don’t Have Enough

Set automatic deposits so that the money is whisked out of your paycheck and into your savings (you can use an app like Chime.)

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Fintech startups share a similar goal: become the central hub of every transaction in your life.

“The place where the bank gets bundled is where your direct deposit goes each month. That’s really the opportunity.”

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Smart financial planning strategies to borrow from women and millennials

Millennials are also leaning more towards automating their savings, which allows them to “set it and forget it,” Britt says

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Chime grows to 1.7M customers, acquires credit scoring app Pinch

The San Francisco neobank recently surpassed 1.7 million accounts and it’s growing at a steady pace of 150,000 customers a month.

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Mobile bank Chime picks up credit score improvement service Pinch

Chime, the no-fees mobile bank valued at $500 million as of its last round, has put some of its funds to use with its first acquisition.

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The Fintech Banks Are Coming: Why You Should Care

With regulators accepting applications from financial technology startups for national bank charters, traditional banks are going to see a lot more competition.

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Banking: Wells Fargo, Chime, Empower banks fight for millennial accounts

Fintechs are also pressuring the bigger banks to rethink checking account fees that can be a game-changer for many millennials.

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After the crisis, a new generation puts its trust in tech over traditional banks

The choices for where consumers can put their money look drastically different after 2008. One increasingly popular option is with a tech company.

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Chime Raises $70 Million for Mobile Banking

Menlo Ventures is leading an investment in the millennial-focused personal-finance startup

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Here’s where you have the best chance of finding a free checking account

Free checking has sometimes proven hard to find, especially for low-income Americans who might need it the most

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Chime Leading the U.S. Challenger Banking Category

Chime members avoided more than $225 million in potential overdraft fees from traditional banks in 2017 alone, while putting over $72 million into savings.

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