Chime
A mobile banking app with checking and savings accounts, debit cards and credit-building tools for consumers. The accounts are provided through FDIC-insured partner banks, and much of the revenue comes from interchange fees on card transactions.
FintechConsumer digital banking (neobank)San Francisco, United States
FoundersSince 2012
- Valuation
- $25B
- Total raised
- $2.2B
- Last round · Aug 2021
- Series G
- Founded
- 2012
- Employees
- 1,519
- Quarters in VP50
- 17
Valuation
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Series C | May 31, 2018 | $500M | $70M | Menlo Ventures |
| Series D | Mar 5, 2019 | $1.5B | $200M | DST Global |
| Series E | Dec 5, 2019 | $5.8B | $500M | DST Global |
| Series F | Sep 18, 2020 | $15B | $485M | Unknown |
| Series G | Aug 13, 2021 | $25B | $750M | Sequoia Capital Global Equities |
Post-money valuation at each priced round. Log scale.Hover a point for the round
Updated
In VP50
- Q4 2023: no place
- Q1 2024: no place
- Q2 2024: #27
- Q3 2024: #29
- Q4 2024: #29
- Q1 2025: #24
- Q2 2025: #29
- Q3 2025: no place
- Q4 2025: no place
- Q1 2026: no place
- Q2 2026: no place
- Q3 2026: no place
- Q4 2026: no place
Place by quarter since Q4 2023. Best place #9, held for two quarters in a row.
Funding rounds
DateRound · leadRaisedValuation
Sep 18, 2020Series F$485M$15B
Dec 5, 2019Series E · DST Global$500M$5.8B
Mar 5, 2019Series D · DST Global$200M$1.5B
Aug 2013Seed$4M—
Team
Chris BrittCo-founder, CEO, Chairman
Ryan KingCo-founder- Mark TroughtonPresident, Interim CFO
