Intel Report Digital Banking - Flipbook - Page 8
DIGITAL BANK AND FINTECH OFFERINGS
CHIME
LILI
CURRENT
Financial technology company that
A financial technology company for
A financial technology company for
brands itself as “banking that has your
freelancers
young adults, teens and their parents
back”
• Keeps track of deductible expenses
• No overdraft fees, monthly fees or
• Fee-free overdrafts up to $200 for
customers who have monthly direct
deposits
• Paycheck up to two days early
• No minimum balances, no monthly
via the app
• Automatically sets aside a percentage of income into a “tax bucket”
• Generates yearly and quarterly
minimum balances
• Get paid up to two days early
• $4.99 monthly fee for “premium”
accounts allows customers to over-
expense reports, helping gig workers
draft up to $100, earn rewards
and others avoid spreadsheets and
on purchases and have gas station
• Automatic savings features
cumbersome accounting software
holds on their debit cards instantly
• Pay and receive payments instantly
programs
removed
fees and no foreign transaction fees
• No monthly fees or minimum balances
• $36 per year for teen accounts
includes budgeting, instant money
transfers between parents and teens,
chores to complete and instant
spending notifications for parents
• Ability to pause debit card directly
in the app
6 | FINXTECH INTELLIGENCE REPORT
POWERED BY BANK DIRECTOR