Wharton Fintech Podcast

Chris Britt, CEO and Co-Founder of Chime

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Synopsis

In our latest podcast, Peter Jankovsky (WG'20) is joined by Chris Britt, the Co-Founder and CEO of Chime. Chime is a challenger bank that was founded with the mission of helping its members achieve financial peace of mind. Since launching in 2013, it has become one of the fastest-growing challenger banks with over 4 M accounts and recently raised $200 M in funding at a $1.5 B valuation. In this extensive interview, Chris dives into: * His motivation for founding Chime and the distinct value prop it offers in the market today * How Chime's customer-centric approach is fueling its rapid growth with a revenue model that is aligned with the happiness of its members * What's next for Chime, including how Chris thinks about partnerships and his thinking on whether or not to pursue a bank charter * The future of the US retail banking market and how it will evolve to the benefit of consumers * Advice for entrepreneurs in the FinTech space Chris Britt is the co-founder & CEO of Chime. Before founding Chime, Chris w