Chime Acquires Salt Labs

Chime has acquired Salt Labs, an enterprise employee rewards and incentives platform founded in 2022, and will integrate the Salt team and products into a new business unit, Chime Enterprise. The acquisition gives Chime direct access to Salt Labs’ employer relationships across transportation, hospitality, call centers and other frontline-facing industries to accelerate primary account growth and expand Chime’s employer channel capabilities; financial terms were not disclosed.