Award Winning Chimney™ adds over 60 financial institution clients, surpasses 20 million user sessions in the last 12 months
NEW YORK, NEWYORK (July 11, 2022) — Chimney™, a leader in financial guidance for the digital age, has added more than 60 new financial institution clients in the last year, as more banks, credit unions and lenders invest in digital experiences that are personalized to their customers’ needs. As a result, Chimney’s interactive tools surpassed 20 million user sessions, helping individuals, including more than 12 million homeowners make informed financial decisions.
Chimney specializes in helping banks, credit unions, mortgage lenders engage more customers and members with interactive digital tools, including Chimney’s award-winning financial calculators. Today, Chimney serves more than 70 financial institutions across 30 states, which include several top banks and credit unions by asset size, as well as some of the nation’s largest mortgage lenders.
Chimney’s growing client base represents:
- Three Fortune 1000 companies;
- 10 of the country’s top 100 banks, credit unions and lenders;
- A combined reach of more than 9 million account holders nationwide; &
- More than $364 billion in total assets.
Given the company’s expanded client roster, more than 2 million consumers are engaging with Chimney’s tools each month. This rapid growth demonstrates consumers’ increased demands for tools and resources that are personalized to their buying journey.
The value Chimney provides has been recognized by other key organizations within the financial industry as well, such as the Independent Community Bankers of America (ICBA), which selected Chimney for its 2022 ThinkTECH Accelerator program. Chimney has also been invited to present at several renowned industry conferences this year, including LendIt Fintech in New York City, the Mortgage Collaborative in Miami and at the VenCent Fintech Summit in Little Rock, Arkansas. Additionally, Chimney’s product innovations have earned the company multiple awards, including Progress in Lending Association’s 2021 Lending Luminary Award and Winner of the FinovateSpring 2021 Best in Show.
“Many of life’s milestone financial decisions now happen online – whether that’s applying for an auto loan, starting the homebuying process or simply planning for retirement. Financial institutions realize they are uniquely positioned to help today’s consumers navigate their buying journey, whatever their financial goals may be,” said Matthew Covi, co-founder and CEO of Chimney. “At Chimney, we’re committed to helping financial institutions engage their customers and members with interactive and personalized content. Not only does this help customers and members make smarter financial decisions, Chimney’s tools also provide meaningful data for financial institutions, powering their future growth.”
Millions of homeowners use Chimney’s tools and APIs to track home value, understand borrowing power, and easily access home equity - all right within their banking app. With its embedded financial platform, Chimney gives homeowners the personalized guidance and insights they need, when they need it, to make smarter financial decisions. By leveraging open bank data, Chimney’s platform enables financial institutions to engage homeowners with proactive product recommendations and other embedded offers unique to each homeowner’s financial situation. Chimney’s homeownership platform is the latest addition to the company’s product suite, which includes its award-winning financial calculators. A two-time Best of Show winner at Finovate, Chimney’s solutions are built for the digital age – designed to engage and win more customers, capture better customer data and move leads faster. That’s why the company is trusted by over 80 of the top financial institutions nationwide, including banks, credit unions and lenders. For more information, visit www.chimney.io.