Chime Statistics 2025: User Growth, Revenue, and Market Position

In the dynamic world of digital banking, Chime has emerged as a significant player, reshaping how millions of users manage their finances.

Chime, the leading digital bank in the US, has experienced phenomenal growth in recent years. Founded in 2013, Chime provides a mobile-first banking experience with no monthly fees, aiming to make banking more accessible and affordable.

Chime, the leading digital bank in the US, has experienced phenomenal growth in recent years. Founded in 2013, Chime provides a mobile-first banking experience with no monthly fees, aiming to make banking more accessible and affordable.

While Chime prefers not to disclose specific user numbers or revenue figures, this article will collect available statistics from reliable sources to give an overview of Chime’s growth and position in the neobank industry.

While Chime prefers not to disclose specific user numbers or revenue figures, this article will collect available statistics from reliable sources to give an overview of Chime’s growth and position in the neobank industry.

Key Chime Statistics

User Growth and Demographics

Chime’s user base has grown rapidly in recent years, especially during the COVID-19 pandemic as people shifted to digital services.

Chime’s user base has grown rapidly in recent years, especially during the COVID-19 pandemic as people shifted to digital services.

According to reports from Bankrate, Chime was the most popular neobank in the U.S. in 2023, with an estimated 12.8 million users.

The majority of Chime’s users are millennials and Gen Z, who are known for preferring mobile-first and fee-free services.

The majority of Chime’s users are millennials and Gen Z, who are known for preferring mobile-first and fee-free services.

Chime also caters to diverse demographics, with a strong focus on financial inclusion.

Chime Revenue

Chime’s revenue is generated primarily through interest income on user deposits and lending activities.

Chime’s revenue is generated primarily through interest income on user deposits and lending activities.

The company has been expanding its lending products to generate more revenue streams and offer additional value to users.

In 2022, Chime’s revenue was reportedly around $800 million, a significant increase from previous years.

As Chime continues to grow its user base and expand its product offerings, its revenue is expected to rise further in the coming years.

Chime Valuation

Chime is a privately held company, so its valuation is not publicly disclosed.

However, according to reports from TechCrunch, Chime’s valuation was estimated at $14.5 billion in 2021.

Following a funding round in 2023, Chime’s valuation is said to be over $27 billion.

This valuation makes Chime one of the most valuable privately held startups in the U.S.

Chime Users

By 2023, seven in ten U.S. adults are using at least one part of the financial services ecosystem.

Among U.S. adults who use at least one part of the financial services ecosystem, 28% use at least one part of the neobank services ecosystem.

Among U.S. adults who use at least one part of the neobank services ecosystem, 18% use Chime.

Chime Growth Rate Statistics

Chime's user base has grown rapidly in recent years, especially during the COVID-19 pandemic as people shifted to digital services.

In 2020, Chime had around 10 million users.

By 2023, Chime's user base is said to have more than doubled, reaching over 25 million users.

This growth rate is remarkable considering the vast size of the U.S. population.

Chime vs US Neobanks: Users

According to Bankrate, Chime was the most popular neobank in the U.S. in 2023, with an estimated 12.8 million users.

Other popular neobanks in the U.S. include:

* Venmo, which is part of the PayPal ecosystem, had an estimated 8.3 million users in 2023.

* Venmo, which is part of the PayPal ecosystem, had an estimated 8.3 million users in 2023.

* Zelle, a service used by many U.S. banks for P2P payments, had an estimated 7.6 million users in 2023.

* Zelle, a service used by many U.S. banks for P2P payments, had an estimated 7.6 million users in 2023.

* Now part of StepStone Group, eTrade had an estimated 6.2 million users in 2023.

* Now part of StepStone Group, eTrade had an estimated 6.2 million users in 2023.

* Finally, Webull, a stock trading app, had an estimated 5.7 million users in 2023.

* Finally, Webull, a stock trading app, had an estimated 5.7 million users in 2023.

Chime’s Primary Customer Base

The majority of Chime’s users are millennials and Gen Z, who are known for preferring mobile-first and fee-free services.

Chime also caters to diverse demographics, with a strong focus on financial inclusion.

For instance, Chime offers banking services to undocumented immigrants in partnership with the Center for Immigrant Technology.

Product Offerings and Features

Chime provides a variety of banking products and services, including checking and savings accounts, a secured credit card, and early direct deposit.

It also offers several useful features, such as:

* Round-up and investment services for savings goals

* Round-up and investment services for savings goals

* Spending analysis and budgeting tools to help users manage their finances effectively

* Spending analysis and budgeting tools to help users manage their finances effectively

* Peer-to-peer payment options for transferring money to friends and family

* Peer-to-peer payment options for transferring money to friends and family

All of these products and features are designed to be accessible, affordable, and user-