Chime Enterprise Adds Etech as Newest Employer Partner, Empowering Employees with Chime's Comprehensive Fee-Free Financial Wellness Suite
Rhea-AI Summary
Chime (NASDAQ: CHYM) has announced a new partnership with Etech, a leading BPO provider, to offer Chime Workplace's comprehensive financial wellness suite to Etech employees. The partnership provides Etech workers with fee-free access to Chime's complete range of financial tools, including on-demand earned wage access, high-yield savings accounts with 9x the national average APY, and credit building options through secured credit cards.
With 8.7 million active members and a 97% satisfaction rate for financial progress, Chime's platform integrates seamlessly into workplace benefits. Etech selected Chime over legacy solutions due to its comprehensive offering, zero-fee structure, and ease of use. The platform provides employers with real-time insights on employee financial health through a dedicated portal.
Positive
- Partnership with major BPO provider Etech expands Chime's enterprise presence
- Platform boasts 8.7 million active members with 97% reporting financial progress
- High-yield savings account offers 9x the national average APY
- Comprehensive solution replacing legacy point solutions indicates market leadership
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CHYM declined 3.32%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Through Chime Workplace, Etech employees now have fee-free access to the full range of Chime's financial wellness tools, including free earned wage access on demand
Hear directly from Etech leadership on why they chose Chime: https://www.youtube.com/watch?v=HMdO_PmitfY
With just
Etech chose Chime to provide financial tools to its workforce over a legacy point solution, citing its comprehensive offering, ease of use, and lack of fees. Many employees were already familiar with Chime prior to launch, creating a strong foundation for engagement. Since rollout, Etech employees have begun using Chime Workplace tools to build savings, improve their credit, and access their pay when they want through fee-free earned wage access.
"Forward-thinking employers aren't looking for one-off tools to support their employees — they want solutions that deliver meaningful, measurable financial health benefits to their workforce," said Jason Lee, Chief of Chime Enterprise, Chime. "Etech's decision to replace a point solution with Chime Workplace's holistic platform reflects a broader shift: large employers are prioritizing real impact over patchwork fixes."
"We are committed to serving our people well, and that means providing resources that make a real difference in their lives," said Dr. Veronica Chimney, Chief Human Resources Officer, Etech Global Services. "Chime Workplace embodies this commitment by going beyond traditional point solutions to offer our employees a trusted, integrated suite of financial tools that meets them where they are and helps them achieve lasting progress."
Learn more at https://enterprise.chime.com/
About Chime Enterprise
Chime Enterprise, the enterprise division of Chime® — a leading financial technology company — partners with employers to deliver financial wellness solutions that empower their workforce. Through our flagship product, Chime Workplace™, we offer a comprehensive financial wellness suite that brings together everything from earned wage access to long-term saving, credit building, and more — all in a single, no-cost platform designed to support employees at every stage of their financial journey. To learn more, please visit https://enterprise.chime.com/.
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1 Chime® is a financial technology company, not an FDIC-insured bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC. Deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. Chime is a Registered Trademark of Chime Financial, Inc. |
2 Chime Workplace offered by Chime. Banking services provided by Chime's bank partners, The Bancorp Bank, N.A. or Stride Bank, N.A. Chime Workplace is a Registered Trademark of Chime Financial, Inc. |
3 Optional services and products may have fees or charges, such as outbound instant transfers, out-of-network transactions, and credit products. Learn more at chime.com/feesinfo. |
4 MyPay at Work™ provided by The Bancorp Bank, N.A. or Stride Bank, N.A.. MyPay at Work services provided by Chime Capital, LLC (NMLS 2316451). |
5 Chime Checking Account is required to be eligible for a Savings Account. |
6 The national average rate can be found on the FDIC's National Rates and Rate Caps website here. |
7 On-time payment history may have a positive impact on your credit score. Late payment may negatively impact your credit score. Results may vary. |
8 Mind, Body, and Wallet® 2025: What's your well? | Guardian |
10 Information compiled from Hero Metric Survey responses from 35,000 active Chime members - July 2024. |
Media Contact:
press@chime.com
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SOURCE Chime Enterprise
