Chime Enterprise Adds Ubiquity as Newest Employer Partner, Providing Employees Chime's Comprehensive Fee-Free Financial Wellness Suite
Rhea-AI Summary
Chime (NASDAQ: CHYM) has announced a new employer partnership with Ubiquity, a customer experience and BPO provider. Through Chime Workplace, Ubiquity employees now have access to Chime's comprehensive financial wellness suite, which includes fee-free earned wage access, high-yield savings accounts with 9x the national average APY, and credit building features.
The partnership leverages Chime's existing user base of 8.7 million active members, with 97% of users reporting improved financial progress. The implementation was facilitated by strong brand recognition among Ubiquity employees, many of whom were already Chime members.
Positive
- Integration with 8.7 million active member base demonstrates strong market presence
- High user satisfaction with 97% reporting financial progress
- Expansion into enterprise market through employer partnerships
- Offering competitive high-yield savings rate at 9x national average
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CHYM gained 1.33%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Chime's full range of no-cost financial tools through Chime Workplace, including fee-free earned wage access, now available to Ubiquity employees
Chime Workplace integrates seamlessly into a workplace's benefits while also providing real-time, actionable insights on employee financial health through the employer portal. Ubiquity employees who use Chime Workplace join the 8.7 million active members8 that already rely on Chime, with
In Chime, Ubiquity found a financial wellness partner with an offering that was easy to use, comprehensive, and fee free. The rollout built on notable brand familiarity by Ubiquity employees, many of whom were already Chime members, creating a strong foundation for the launch. Early feedback and engagement from employees has been positive, reinforcing the appetite for comprehensive financial tools through the workplace.
"Large employers are rethinking how they can support employee financial well-being, and many are moving beyond one-off solutions in favor of a more comprehensive approach," said Jason Lee, Chief of Chime Enterprise, Chime. "With partners like Ubiquity, we're seeing growing demand for no-cost, high-impact tools that meet employees where they are and evolve with their financial needs."
"At Ubiquity, we're always looking for ways to strengthen the employee experience and give our people tools that support financial confidence," said Tanya Clark, EVP, People, Ubiquity. "Chime Workplace puts fast access to pay, savings tools, and credit-building features in one trusted, easy-to-use platform."
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/.
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 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.
3 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.
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 Chime Second Quarter 2025 Financial Results (2025)
9 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