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Portfolio

Chime

Exited

Consumer financial platform offering fee-free banking services, early direct deposit and credit-building products in the US.

Visit Chime

Why we invested

Fee-free was not a price cut, it was a different business model. That distinction is what produced the scale.

Our position in Chime was taken either directly or through a third-party syndicate. We do not hold a board seat. We charge no management fee and take 25% only once a realised exit occurs.