Launched in 2012 by former Visa Inc executive Chris Britt and Comcast Corp CMCSA.O alumnus Ryan King, Chime's competitors include digital banks Revolut, Current and Varo. Nov 2 (Reuters) - Online banking company Chime has laid off 12% of its employees, a spokesperson said on Wednesday, blaming "current market dynamics" as this year's tech rout slams the once-high valuations of growth startups. The San Francisco-based company slashed about 160 jobs, joining a series of fintechs such as Swedish payments firm Klarna that are looking for ways to cut costs as rampant inflation and the Ukraine crisis worsen business sentiment.