Chime Acquires Salt Labs

June 26, 2024

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.

Buyers
Chime
Targets
Salt Labs
Industry
Staffing & HR
Location
New York, United States
Transaction Type
Buyout

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