Chime CEO Chris Britt has announced Chime Invest, a new feature that enables members to buy stocks and ETFs commission-free, or opt for managed portfolios. During an appearance on The Claman Countdown, Britt discussed how this initiative aims to address the investment gap among Americans, citing a Gallup poll revealing that 40% of adults aren’t invested in the market. He also introduced the ‘Trump Accounts’ initiative aimed at fostering long-term savings for children. Additionally, Britt highlighted Chime’s increasing profitability, even amid challenges with stock prices.
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Chime introduces a new investment option for its users.