Chime is a digital banking platform that has gained popularity in recent years for its easy-to-use mobile app and fee-free banking services.
Since its launch in 2012, Chime has become one of the most widely used neobanks in the United States, with millions of users across the country.
In this article, we will take a closer look at some of the most interesting statistics related to Chime, including its revenue, user base, funding, and more.
Chime User Statistics
As of March 2021, Chime has over 12 million account holders.
More than half of its customers are over the age of 35.
Opening an account at Chime takes an average of 15 minutes—significantly faster than competitors.
Chime’s mobile app has been downloaded over 10 million times on the Google Play Store.
The Chime app has a rating of 4.8 stars on the App Store.
Chime Funding and Valuation Statistics
As per data from Crunchbase, here are Chime has raised $2.3 billion till now. Here are its funding and valuation statistics.
| Funding Round | Year | Amount Raised | Valuation |
|---|---|---|---|
| Seed | 2013 | $3.8 million | N/A |
| Series A | 2014 | $8 million | N/A |
| Series A | 2016 | $9 million | $90 million |
| Series B | 2016 | $18 million | $160 million |
| Series C | 2018 | $70 million | $500 million |
| Series D | 2019 | $200 million | $1.5 billion |
| Series E | 2019 | $700 million | $5.8 billion |
| Series F | 2020 | $533.8 million | $14.5 billion |
| Series G | 2021 | $750 million | $25 billion (reported in September 2021) |
Chime Revenue Statistics
As a privately-held company, Chime does not disclose its revenue. However, the following table shows some of Chime’s key financial metrics that have been reported in the media:
| Year | Revenue (reported) |
|---|---|
| 2019 | N/A |
| 2020 | $17 million (Dec) |
| 2021 | Expected to exceed $1 billion |
Chime Website Statistics
Here are some quick statistics about Chime website (chime.com) traffic as on April 2023.
- Chime has an estimated 8.3 million monthly visitors.
- Chime is the 1,386th most popular site in US.
- The average visit duration of the site is 2 minutes and 35 seconds.
- The majority of Chime’s traffic is coming from the US (94.52%).
- 52% of Chime’s traffic is from Direct.
- 25.47% of Chime’s traffic is from Searches.
- 4.50% of Chime’s traffic is from Social.
- 2.62% of Chime’s traffic is from Referrals.
- 61.32% of users are male.
- 28.23% of users are in the age group 25-34.
- 21.59% of users are in the age group 18-24.
References
Jasper Reed is the founder of heyhowtodoit.com with 8+ years of experience in Search Engine Optimization.He has researched, tested, and written hundreds of articles ranging from social media platforms to messaging apps.
With a passion for technology and a natural aptitude for understanding consumer behavior, Jasper has built a successful career in blogging.He has been quoted and referenced by major publications and media companies.
An avid traveler and tech enthusiast, Jasper loves to explore new places and experience different cultures. With his thick-rimmed glasses and geeky demeanor, Jasper is a true tech nerd at heart.
Follow Jasper on Twitter and Reddit.
You can read more about the team here.
