Chime is a popular bank among millennials, and it doesn't even have a physical location. Chime is a bank account and debit card for the digital age and the digital-first consumer and saver. Chris Britt is the CEO and Co-founder of Chime. Britt joins Cheddar to explain how the digital bank is growing. In the Fall of 2017, Chime closed a Series B round to the tune of $18 million. Chime has been using those funds to grow their reach and market. Britt expects that Chime will reach 1 million bank accounts this quarter. For now, Chime has no plans to build any physical locations at this point.

Share:
More In Business
Pop-Tart Inventor William Post Dead at 96
The self-proclaimed "only Post who worked at Kellogg" was a military veteran who fought in World War II before inventing everyone’s favorite fruit-filled breakfast ravioli.
Many Lab-Grown Diamonds Have Cloudy Sustainability Claims
Lab-created diamonds come with sparkling claims: that they are ethically made by machines running on renewable energy. But many don't live up to these claims or don't respond to questions about their electricity sources, and lab diamonds require a lot of electricity.
Load More