Seventy-five percent of adult Americans make under $100,000 a year, with limited savings to weather an unexpected expense or delay in income. Since its founding, Chime has sought to reimagine how banking could work—asking a simple yet powerful question: What if a financial partner could succeed when its members did, too?
Chris Britt and Ryan King launched Chime with the goal of creating a more inclusive, transparent, and member-aligned financial experience, eliminating fees, enabling faster access to paychecks, and delivering services that help everyday Americans unlock financial progress. As Chime enters the public markets, we believe it stands as a powerful example of how a mission-driven company can scale and endure.
We first met Chris and Ryan in 2017. Chris brought a deep personal understanding from his own background of the financial stress many everyday Americans face. Ryan brought the technical leadership needed to build a resilient, user-first platform. From our earliest conversations, it was clear they weren’t just building a better interface—they aimed to reshape the underlying relationship between people and their money. We first partnered with Chime in 2019, and since then, we have continued to grow our partnership as the company has evolved into a trusted financial partner for millions of everyday Americans. Chime’s products—such as early paycheck access, fee-free overdraft protection with SpotMe, automated savings tools, and Credit Builder—have given members new tools to manage their money confidently. In an industry often reliant on fees and penalties, Chime’s approach offers a real alternative grounded in member success.
Over the years, Chime has demonstrated product-market fit with 8.6 million active members, and 67% of whom rely on Chime to serve as their primary financial relationship, with high member satisfaction. It has been exciting to witness the company’s early trajectory, and in recent years, the team has balanced momentum with significant strides in product innovation, brand development, and thoughtful business management. Today, Chime is one of the top 5 banking brands—a testament to both the need for change in the sector and the team’s ability to execute with empathy, clarity, and discipline.
Our partnership with Chime has always been centered on support. Over the years, we’ve had the opportunity to help recruit leaders, provide strategic introductions, and connect the Chime team with technical experts across our community. We’re grateful to have played a role in supporting the company’s growth as it expanded its reach and deepened its impact.
We believe Chime has built a sustainable, technology-enabled model that supports long-term member relationships. From MyPay, which brings early wage access to hourly workers, to SpotMe fee-free overdrafts, each new offering reflects Chime’s core belief: when members thrive, the business thrives. To us, Chime’s journey reflects what’s possible when purpose and product are aligned.
In a sector long overdue for innovation, Chime has delivered modern, member-centric banking to millions of everyday Americans. The company’s IPO marks an important milestone—one that validates the strength of Chime’s model and mission. It reflects years of thoughtful execution, deep member trust, and operational excellence. It also affirms an essential place for financial services that put people first.
Congratulations to Chris, Ryan, and the entire Chime team on this remarkable milestone. We’re honored to have supported you on this journey and look forward to what’s next.
Published:
June 12, 2025
