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Chime posts 27% revenue growth and raises its 2026 outlook
Q2 revenue rose 27% year over year to $670 million, with $28 million in net income. Chime raised its full-year revenue growth forecast to 25%-26%.
Longtime CFO Matt Newcomb steps down
Matt Newcomb ended a decade-long tenure as CFO in August 2026. Chime President Mark Troughton was named interim CFO.
Chime launches commission-free investing in its app
Chime Invest launched with commission-free stock and ETF trading plus expert-managed portfolios, with no account minimums. General access was set to roll out over several weeks.
Chime raises $864 million in Nasdaq IPO
Chime priced its IPO at $27 per share, above its marketed range, raising $864 million and giving the fintech an approximately $11.6 billion fully diluted valuation.
AI Generated Insights
Set product vision and strategy for a major Chime area, own a broad portfolio of initiatives, and make investment and prioritization decisions across short‑term and long‑term bets.
Proven leader of a 10‑15 person product organization with a track record of scaling consumer‑tech or fintech products, building senior talent, and making data‑driven decisions in ambiguous environments.
The role drives Chime’s growth and member impact by shaping high‑impact products and influencing company‑wide decisions, directly affecting financial progress for millions of users.
Seasoned product executives who thrive on strategic vision, leading large product teams, and translating market and member insights into successful, high‑scale digital financial services.
We are hiring a Senior Director of Product to help shape and lead some of Chime’s most important opportunities for our members and our business. You’ll lead a product organization of approximately 10-15 people, setting the vision and strategy across a broad, high-impact area while developing the leaders and teams responsible for bringing that strategy to life. You’ll identify opportunities that can meaningfully expand Chime’s reach and impact, make consequential choices about where we invest, and turn those opportunities into products and experiences members love. This is a highly strategic leadership role for someone who can move fluidly between setting a multi-year vision, leading a scaled organization, and partnering with senior leaders across Chime to define what comes next.
The base salary offered for this role and level of experience will begin at $326,000 and up to $383,000. Full-time employees are also eligible for a bonus, competitive equity package, and benefits. The actual base salary offered may be higher, depending on your location, skills, qualifications, and experience.
#LI-TP1 #LI-Onsite
At Chime, we believe that everyone can achieve financial progress. We created Chime—a financial technology company, not a bank*—on the premise that core banking services should be helpful, easy, and free. Through our user-friendly tools and intuitive platforms, we empower our members to take control of their finances and work towards their goals. Whether it's starting a savings account, purchasing a first car or home, launching a business, or pursuing higher education, we're proud to have helped millions unlock their financial potential.
We're a team of problem solvers, dreamers, and builders with one shared obsession: our members. From day one, Chimers have worked tirelessly to out-hustle and out-execute competitors to bring our mission to life. Their grit and determination inspire us to work harder every day to deliver the very best experience possible. We each bring an owner's mindset to our work, refusing to be outdone and holding ourselves accountable to meet and exceed the highest bars for our teams, our company, and our members.
We believe in being bold, dreaming big, and taking risks, while also working together, embracing our diverse perspectives, and giving each other honest feedback. Our culture remains deeply entrepreneurial, encouraging every Chimer to see themselves as stewards of our mission to help everyday Americans unlock their financial progress.
We know that to achieve our mission, we must earn and keep people's trust—so we hold ourselves to the highest standards of integrity in everything we do. These aren't just words on a wall—our values are embedded in every aspect of our business, serving as a north star that guides us as we work to help millions achieve their financial potential.
Because if we don't—who will?
*Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.
We know that great work can’t be done without a diverse team and inclusive environment. That’s why we specifically look for individuals of varying strengths, skills, backgrounds, and ideas to join our team. We believe this gives us a competitive advantage to better serve our members and helps us all grow as Chimers and individuals.
Chime is proud to be an Equal Opportunity Employer. We consider qualified applicants without regard to race, color, ancestry, religion, sex, national origin, sexual orientation, gender identity, age, marital or family status, disability, genetic information, veteran status, or any other legally protected basis under provincial, federal, state, and local laws, regulations, or ordinances. We will also consider qualified applicants with criminal histories in a manner consistent with the requirements of state and local laws, including the San Francisco Fair Chance Ordinance, Cook County Ordinance, NYC Fair Chance Act, and the LA City Fair Chance Ordinance, and consistent with Canadian provincial and federal laws. If you have a disability or special need that requires accommodation during any stage of the application process, please contact: accommodations@chime.com.
To learn more about how Chime collects and uses your personal information during the application process, please see the Chime Applicant Privacy Notice.
