the pilot to enable 100,000 customers to take out $200 beyond their account balances through its SpotMe feature, which typically acts as an overdraft protection feature, allowing customers to overdraft their accounts without having to pay a fee.
And Chime successfully distributed stimulus checks before most of the major US banks: It disbursed over $1 billion in stimulus payments to over 600,000 customers, per Business Insider. Expediting the disbursal of government aid and using its own capital to bring financial relief to consumers during the pandemic was an aggressive play that paid off in customer acquisition: In April, Chime surpassed its record for most accounts opened in a month.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Limited-time offer: Business Insider subscription with Brex card - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Who TF would want a business insider subscription Why don't I get this with my AMEX platinum?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Donald Trump's campaign blew almost $1 billion and now they're in deep trouble - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. reedgalen ProjectLincoln reedgalen ProjectLincoln The walls are finally closing in! reedgalen ProjectLincoln Lol... No. Biden is in trouble.
Source: BusinessInsider - 🏆 729. / 51 Read more »
The West Coast's wildfire real estate crisis has $8 billion at stake - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. This unprecedented environmental crisis may become a reason to leave the region as the air pollution has reached an extremely dangerous level as fine particles have already entered the houses therefore the fear of loss of value of real estate is a reality !!!!!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Microsoft buys Bethesda Softworks for $7.5 billion - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Oh god. Todd Howard will have even more funding now, and he still will release The Elder Scrolls VI in an unplayable state Will the games still be available on Sony or will they be XBox/PC only now? Can Microsoft buy out FOX? Clean house, rebirth as WOLF, give people facts not false propaganda?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Microsoft just spent $7.5 billion in an attempt to beat PlayStation 5 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I would say 'gives a reason to buy an Xbox in addition to a Playstation' not instead of. Still need PS for their exclusives. It didn’t change my mind.. This is insane!
Source: BusinessInsider - 🏆 729. / 51 Read more »
INSIDER Poll: 52% of conservatives want a SCOTUS pick pre-election - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. That's a majority Not 'her' seat I call BS
Source: BusinessInsider - 🏆 729. / 51 Read more »