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Chime

Sep. 28, 2017

Mobile Banking App Chime Raises $18mn

Chime raises $18mn in a series B fundraise from Cathay Innovation, Northwestern Mutual Future Ventures, Crosslink Capital and more; Chime is a digital banking app focused on millennials by not charging monthly fees or overdraft charges; they make money on transactions and thus far have over 500,000 customers. Source.

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May. 22, 2018

Digital Banks Set to Rebound After Growing Pains

American Banker takes a look at some of the better know digital banks and how they are trying to build...
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Feb. 7, 2019

Chime Closes in on $300mn in Fresh Capital

American Banker reports that digital banking startup Chime is close to raising $300mn in fresh capital; DST Global is said...
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Feb. 13, 2019

Well Fargo Outage Points to Opportunity in Digital Banking

Wells Fargo is still digging out from a PR disaster last week when the bank went offline for a large...
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Mar. 5, 2019

Chime Funding Round Values Company at $1.5 Billion

The company has raised a $200 million Series D round which was led by DST Global; new investors include Coatue,...
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May. 18, 2018

Digital Banking Startup Chime Has Passed One Million Customers

Chime, a 5-year-old digital banking startup, has passed 1 million customers and $4.5 billion in transaction volume. The San Francisco company markets itself...
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Feb. 6, 2019

Chime Aims at Big Disruption with No Fee Accounts

Digital banking startup Chime is looking to ride the wave of challenger banking and provide customers with a better experience...
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Feb. 11, 2019

Chime Sees Boost Due to Wells Fargo Outage

Digital banking startup Chime saw a big boost last week after Wells Fargo reported an outage where customers could not...
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Feb. 13, 2019

Well Fargo Outage Points to Opportunity in Digital Banking

Wells Fargo is still digging out from a PR disaster last week when the bank went offline for a large...
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May. 22, 2019

Are Digital Banks Struggling to Get Traction?

An article in Forbes earlier this month about the traction of digital banks caught my attention. A survey of U.S....
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