Chime Financial, Inc.: insider trades · United States · SEC (Form 4)

About Chime Financial, Inc.

Chime Financial, Inc. (ticker: CHYM) is a U.S.-listed fintech company trading on the NASDAQ in the United States. Founded in 2012 by Chris Britt and Ryan King, Chime is headquartered in San Francisco, California, with additional offices in Chicago and New York City. The company is positioned as a digital alternative to traditional consumer banking, but it is not itself a bank. Instead, Chime partners with regulated banking institutions to provide deposit services and card products, with member funds held in FDIC-insured accounts through The Bancorp Bank, N.A. and Stride Bank, N.A., subject to applicable limits. Chime’s business model is built around everyday financial activity, with revenue generated primarily through payments. This makes the company highly dependent on transaction engagement rather than traditional banking spreads. Its core consumer proposition is centered on fee-light, mobile-first financial services: spending accounts, debit cards, early direct-deposit access, peer-to-peer payments, fee-free overdraft through SpotMe, and credit-building products such as the Chime Credit Builder and the Chime Card. The company has also expanded into short-term liquidity and workplace-oriented solutions, including MyPay, which gives eligible members early access to earned pay and certain benefits; Chime Plus, a premium membership tier launched in 2025; Chime Workplace, an employee financial wellness suite; and Chime Prime, introduced in 2026 with enhanced rewards and savings features for qualifying members. From a competitive perspective, Chime has established itself as one of the leading U.S. consumer neo-banking platforms. Its franchise is built on a simple value proposition: help members bank without punitive fees, improve cash flow access, and support credit building. Chime’s differentiation comes from its product design, strong direct-deposit attachment, frequent member engagement, and growing use of proprietary infrastructure. Management has highlighted ChimeCore, its in-house payments processor and ledger, as a structural technology advantage that improves speed of product delivery and lowers servicing costs. The company also emphasizes broad customer reach in a still-underpenetrated U.S. market, which supports its long-term growth narrative. Recent milestones are significant. Chime completed its IPO in June 2025 and began trading on the NASDAQ under CHYM. In its latest annual report, the company said it generated approximately $2.2 billion in 2025 revenue, up 31% year over year, and ended the year with 9.5 million active members. Management also pointed to the rollout of ChimeCore, the expansion of MyPay, and the launch of new products in 2025 and 2026 as evidence that the platform is moving beyond basic banking into a broader financial ecosystem spanning payments, credit, savings, and short-term liquidity.