Chime, the bank challenger with more than 5 million customers, experienced an outage that shut customers out from their cash.
, the fintech that powers the back ends for some of the world’s largest financial technology companies including Chime said it has been experiencing an “operational incident” affecting its ability to support transactions for a small number of its clients.
In an email statement Chime confirmed the outage stemmed from an issue with its gateway processing partner. “Chime card transactions and cash withdrawals have now been fully restored and members have full access to their funds. Deposits are posting and have not been affected by the outage. All consumer funds and data are safe,” Kendra Boccelli, a spokeswoman for Chime said.
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