Showing 3 of 3 Jobs
$199k - $281.9k/yr
San Francisco, CA, USA
$157.6k - $218.9k/yr
San Francisco, CA, USA
Full-Time
Confirmed live in the last 24 hours
Online banking platform offering fee-free services
$176.5k - $245.1k/yr
Senior, Expert
San Francisco, CA, USA
Hybrid work policy with in-office days and trips to team and company-wide events depending on location.
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Chime provides online banking services without physical branches, focusing on a fee-free experience for its customers. It partners with The Bancorp Bank, N.A. and Stride Bank, N.A. to offer a debit card and various banking features. One of its key services, SpotMe, allows customers to overdraft up to $200 on debit card purchases without fees, subject to eligibility. Chime also offers direct deposit, enabling customers to receive paychecks up to two days earlier than traditional banks. Additionally, there are no monthly fees, minimum balance fees, or foreign transaction fees, and customers have access to over 60,000 fee-free ATMs. A unique aspect of Chime is its secured credit card, which helps users build their credit without a credit check. Chime also provides a savings account with a competitive 2.00% Annual Percentage Yield (APY) and no fees. The company generates revenue mainly through interchange fees from merchants when customers use their Chime debit card.
Company Size
1,001-5,000
Company Stage
Series G
Total Funding
$2B
Headquarters
San Francisco, California
Founded
2012
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Competitive salary based on experience
401k match plus the usual medical, dental, vision, life, and disability benefits
Generous vacation policy and company-wide Take Care of Yourself Days
Virtual events to connect with your fellow Chimers- think cooking classes, music festivals, mixology classes, paint nights, etc., and delicious snack boxes, too!
In 2022, as the pandemic waned, PYMNTS Intelligence found that only about 9% of consumers used digital banks for their primary financial relationships and accounts. Since then, however, the push toward using apps and mobile devices for everyday financial needs has been less wave than tsunami, and for platforms linking with banks to deliver a [] The post Chime Sees $86 Billion Revenue Opportunity Amid Digital Banking Shift appeared first on PYMNTS.com.
Chime Enterprise has introduced a tool to provide payroll teams with better data.PayTV is designed to offer payroll professionals real-time confirmation when workers can access their pay, the FinTech said in a Tuesday (May 13) press release.“Whether employees use Chime or another financial institution, PayTV offers users visibility and predictive insights into their employees’ payment status, eliminating the black box that’s traditionally kept payroll teams in the dark and helping prevent potentially costly payroll errors,” the company said.In addition to letting payroll teams track when funds arrive, the company says PayTV helps businesses quickly spot delays or errors without back-and-forth between processors and banks, while also letting them answer employee questions using real-time, data-driven information.Chime notes that the offering comes at the end of a 10-year span that has seen a surge in workers turning to technologies such as direct deposit and earned wage access (EWA).Research in the PYMNTS Intelligence report “No-Wait Wages: Leveraging Instant Payments to Boost Employee Satisfaction” shows that 83% of workers want to have more frequent pay schedules.Faster access to funds matters, too, as two-thirds of people in the U.S. live paycheck to paycheck. In an additional report, “Measuring Consumer Satisfaction With Instant Payouts,” 77% of consumers said they wanted instant payments for income and earnings disbursements.Chime argues these trends show why payroll teams need to have access to greater transparency and insights.“Payroll professionals are asked to guarantee something they can’t see,” Chime Enterprise Head of Product Konstantin Getmanchuk said in the release.“When someone says, ‘I didn’t get paid’ or ‘My amount is wrong,’ payroll teams are stuck in the middle, without the insight they need to address their employees with confidence. PayTV finally gives them the power to see what’s actually happening, in real time.”The new offering comes at a time when, as PYMNTS wrote last week, payroll technology has lagged on an international scale because of a “web of jurisdictional landmines, compliance headaches and siloed systems.”For international organizations, the stakes are high: regulatory mistakes, payment delays, and a lack of real-time visibility into labor costs can lead to financial and reputational damage.“If you think of the standard payroll controller, they’re on their toes,” Amit Levi, chief product officer at Papaya Global, told PYMNTS.“They’re always worried. Because something’s going to happen, somebody’s not going to get paid, or they’re going to miss some regulations.”
Chime will be relocating its primary Manhattan office space from 101 Greenwich Street.
San Francisco-based Chime's new lease at Bromley Companies' 122 Fifth Ave., which the fintech giant announced last week, marks the latest growth of its Big Apple footprint.
Tough market: Bunq faces a saturated U.S. market with incumbents such as JPMorgan Chase and Bank of America, as well as fintech competitors like Chime.
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