Reported 1 day ago
Chime (CHYM) exceeded expectations in its first earnings report after going public, showcasing a 37% year-over-year revenue growth for Q2. CFO Matt Newcomb discussed the popularity of their MyPay product, which offers members quick access to wages. Despite recent mixed signals about U.S. consumer health, Newcomb emphasized steady spending trends among their user base, indicating a stable financial environment for everyday Americans.
Source: YAHOO