Chime Secures $8M in Funding

Chime, a San Francisco, CA-based provider of a bank account and rewards app, secured $8m in funding.

The round was led by Crosslink Capital with participation from Homebrew, Forerunner Ventures and PivotNorth Capital.

Led by CEO Chris Britt, formerly a senior executive at Green Dot & Visa, and Ryan King, former VP engineering at social networking pioneer Plaxo (sold to Comcast Interactive Media), Chime has introduced a mobile-first debit card and location-based rewards app. The Chime Card can be used everywhere and its mobile app helps users find nearby rewards at merchants with no more coupon print outs, promo codes or gift cards to redeem.




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