Stakk extends Chime Financial agreement through December 2027
Stakk Limited (ASX: SKK) has confirmed that its agreement with Chime Financial, Inc. (NASDAQ: CHYM), first announced on 29 October 2025, has been extended by mutual written agreement through to 31 December 2027.
Existing services and commercial terms remain unchanged. The announcement was dated 19 October 2026 and made under the continuous disclosure obligations of ASX Listing Rule 3.1.
The extension provides contract continuity with a client the company describes as material. No contract value, revenue figure or pricing was disclosed.
What the agreement covers
Under the agreement, Stakk IQ, Inc. will continue to provide the following services supporting certain of Chime’s deposit acceptance methods:
- Mobile image capture
- Image authentication
- Optical character recognition
- Document/data orchestration
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Why Chime matters to Stakk
A material client with scale
Chime is a U.S. financial technology company offering mobile banking and financial services, including checking, savings and credit products. It is not a bank, with banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.
Chime reported 10.4 million active members as at 30 June 2026.
Stakk announcement
“Chime is a material client of Stakk.”
The announcement does not quantify Chime’s contribution to Stakk’s revenue.
The Chime extension sits alongside other U.S. banking wins, including the five-year Candescent banking contract, which embeds Stakk’s document intelligence in a platform serving more than 1,300 banks and credit unions.
| Item | Detail |
|---|---|
| Original announcement | 29 October 2025 |
| Extended through | 31 December 2027 |
| Terms | Unchanged |
| Chime active members | 10.4 million (as at 30 June 2026) |
| Stakk contracting entity | Stakk IQ, Inc. |
How document and image authentication fights fraud
Mobile image capture lets a customer photograph an item, such as a document or cheque, using a phone. Image authentication then checks whether that image is genuine, while optical character recognition (OCR) reads the text and extracts the data from it.
Together, these steps allow a digital financial platform to verify submitted items and pull out the information it needs. Trusted verification matters as AI-driven fraud threats evolve, a risk Stakk’s own materials reference.
These services sit within Stakk’s fraud-prevention and Digital Trust focus. The agreement’s term runs through to 31 December 2027.
Stakk’s position in Digital Trust
According to the “About Stakk” section of the announcement:
- Stakk is an AI-native Digital Trust infrastructure Group focused on combating fraud
- The company describes itself as scaled, profitable and globally relevant
- It serves more than 300 enterprise customers across the United States, Europe, the Middle East and Australia
- It processes more than 110 billion interactions annually
- It combines more than 30 years of proprietary AI-powered document intelligence with contextual Digital Personas, federated signal intelligence and pre-execution decisioning
The scale described in Stakk’s company profile, including more than 300 enterprise customers and 110 billion annual interactions, reflects the ParaScript acquisition, which combined two document intelligence businesses into one Digital Trust platform.
The extension reinforces an existing relationship with a large U.S. fintech client through to 31 December 2027.
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