Tag: Chime

Chime agrees to pay $2.5 million fine linked to customer complaints during COVID

Chime, the once-high-flying fintech, has agreed to pay $2.5 million to the California Department of Financial Protection and Innovation to settle claims that it violated the state’s consumer financial protection law for tardy handling of customer complaints in 2021. The DFPI, a consumer protection agency that oversees financial services firms in California, didn’t disclose the […]