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Tag Archives: Chime

Bank Startup Chime Secures $200M

| March 5, 2019

Chime has raised $200 million in a new round led by DST Global, bringing the digital-only banking company’s total funding to $300 million. The San Francisco company’s total valuation is at $1.5… Read More »

The Most Innovative Fintech Companies In 2019

| February 7, 2019

While crypto prices and ICOs collapsed, overall investment in fintech surged in 2018, hitting $55 billion worldwide, double the year before, Accenture reports. Big fintechs are getting bigger—19 of the… Read More »

Chime raises $18 million for mobile banking without the fees

| September 27, 2017

It’s a bank account and debit card built for the digital age.

Chime is raising $18 million in Series B financing for its mobile-first approach to banking. Cathay Innovation led the round with participation from Northwestern Mutual Future Ventures, Crosslink Capital, Forerunner Ventures, Homebrew and others.

Without monthly fees or overdraft charges, Chime tries to appeal to the millennial generation, touting its affordability and easy-to-use app. Since launching in 2014, Chime has signed up 500,000 customers, who are typically in their late 20s and making between $50,000 and $70,000 per year. Read rest here.

Chime lands $8M and launches its debit rewards mobile app for millenials

| November 4, 2014

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… Read More »

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