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

Chime 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.

Shares of the company were last up 8% in extended trading on Wednesday.

Chime and fellow fintechs have thrived by attracting younger customers through mobile-first ‌products and ⁠steadily ⁠expanding into newer financial services such as investing.