Though its CEO has described fintech company Chime as a 'transaction-based, process-based business model', in May 2021, California regulators ruled that the company had to stop referring to itself as what?

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Fact: There are nearly 28 million small businesses in America. Of those 28 million, a full 22 million consists of one lone employee. 


1. Though its CEO has described fintech company Chime as a 'transaction-based, process-based business model', in May 2021, California regulators ruled that the company had to stop referring to itself as what?