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Chime Financial: $4.55 Million Fine

Chime Financial, Inc., is a San Francisco-based financial technology company founded in 2012 that partners with regional banks to provide certain fee-free mobile banking services. It offers early access to paychecks, negative account balances without overdraft fees, high-yield savings accounts, etc. According to reports, the Consumer Financial Protection Bureau (CFPB) has ordered Chime to pay…