Chime lifts 2026 revenue forecast on robust demand, CFO to step down

Aug 5 : Chime on Wednesday raised its full-year revenue growth forecast above Wall Street estimates on strong demand for its digital banking products, and announced the departure of longtime Chief Financial Officer Matt Newcomb. The company and fellow fintechs have bloomed by attracting younger customers through mobile-first products and steadily expanding into newer financial services such as investing.A resilient U.S. consumer has further fueled the sector's momentum, helping sustain payment volumes and customer activity. Payments revenue at Chime, including outbound instant transfer, increased 21 per cent in the second quarter. "We continue to see signs of a healthy consumer," CEO Chris Britt said, pointing to resilience across income segments and in both discretionary and non-discretio