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Chime is adding an investment product to its ******* nal.
The fintech launched Chime Invest on its app, allowing users to buy stocks and exchange-traded funds commission-free, the company announced Monday.
Alternately, customers can choose to let Chime partner Atomic Invest create a portfolio tailored to their goals and risk profile, with no account balance minimum and no fees if they are Chime Prime members.
Chime unveiled a tiered membership structure in April. The managed portfolio option in Chime Invest comes with a 0.10% annual fee for users in the fintech's second tier, Chime Plus. Other Chime members would pay a 0.25% annual management fee for the service.

#chime #Invest #banking #Portfolio
4 months ago

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