Startup chimes in on mobile-only banking
Chime, a mobile-only banking scheme, has announced a suite of new features including Apple Pay and, separately, a new service to instantly pay friends and family.
The mobile FI also closed an additional $9 million of funding for a total of $21 million raised to date, according to a company press release. Lauren Kolodny, recently named to the Forbes 30 under 30 Venture Capital list, led the financing for Aspect Ventures and has joined Chime's board.
By adding Chime to Apple Pay on their iPhone, iPad, or Apple Watch, members can also benefit from Chime's automatic savings and rewards when they make purchases with Apple Pay, according to the announcement.
"Our number one goal is to help our members live healthier financial lives," said Chime CEO Chris Britt. "We know our members prefer to manage all aspects of their finances on their phone, and with these new features they'll be able to save time and money when they make mobile payments with Chime. We're excited to partner with Lauren and the proven team at Aspect because of their fresh perspective and experience in building trusted consumer brands for the mobile generation."