Rewards card Chime just took $8 million in new funding and announced the roll-out of its debit rewards card at the Money 20/20 conference today.
The company is partnered with FDIC banks to create a banking experience that allows users to automatically collect rewards, like discounts and cash back, from participating merchants. Users find offers via Chime’s location-based mobile app from sellers like Balm Cosmetics and Dunkin Donuts.
Crosslink Capital led this most recent round. Contributors include Homebrew Ventures, Forerunner Ventures, and PivotNorth Capital. Read more >>