Former Coinbase and Google product leader brings deep fintech and AI expertise to enhance Chime’s member experience.
Chime® is thrilled to welcome Phil McDonnell as Vice President of Product to lead our Spending team. A seasoned product innovator with a track record of building category-defining products, Phil brings a unique blend of entrepreneurial experience and leadership from Coinbase and Google that will help shape the future of how Chime members manage and spend their money.
In his role, Phil will oversee Chime’s spending ecosystem—both the member-facing features, like cards and payments, as well as the behind-the-scenes infrastructure that powers them. His expertise in AI-driven financial products and payments innovation will play a key role in expanding the impact of Chime’s mission to help everyday Americans Unlock Financial ProgressTM.
“Phil’s passion for financial accessibility and his track record of innovation make him an amazing addition to our team — we’re excited to see the impact he’ll have on our team and our members’ everyday banking experiences.”
– Madhu Muthukumar, Chief Product Officer
Before joining Chime, Phil served as Senior Director of Product Management at Coinbase, where he led the company’s Subscription and Services products, a portfolio including Coinbase One, a premium membership service; USDC, the world’s largest regulated Stablecoin; Staking, a way to earn on your crypto; AI-driven market insights and several other non-trading consumer products. Under his leadership, the Subscription & Services business grew from 3% ($10M) of revenue to more than 50% ($2.5B).
Prior to Coinbase, Phil spent nearly a decade at Google, where he led Ads Measurement, developed AI-powered marketing attribution models, and built an online-to-offline measurement product that generated more than $5 billion in revenue annually. Earlier in his career, he founded multiple startups, including CoupFlip, where he developed an AI-based pricing model.
Phil holds an MBA from Dartmouth’s Tuck School of Business, along with graduate studies in AI at Stanford University and a BS in Computer Science from the University of Washington.
“I’m joining Chime because of the real impact we can have on people’s lives. While I’ve seen the potential of financial technology in crypto, Chime is solving these challenges in a tangible way today—helping millions of Americans gain more control over their money. The opportunity to innovate in spending and payments at this scale is incredibly exciting.”
– Phil McDonnell, VP of Product