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Chime

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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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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Apr. 16, 2020

Fintechs Bringing on More Customers than Ever

Many Americans are taking a new look at their personal finances and are increasingly looking to popular fintech applications; Chime...
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Jan. 6, 2020

Digital Banks Test Banking Model on Profitability

Digital banks secured $3bn in 2019 as venture capitalists poured money into banking startups looking to upend the traditional banking...
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May. 6, 2020

European Digital Banks Struggle to Gain Market Share in US

New research from Apptopia shows that the leading digital banks in Europe are off to a slow start in the...
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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. 12, 2020

Digital Banks Well Positioned for Success Post Covid

The current pandemic has upended the financial services industry more in the last two months than fintech has in the...
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Jun. 9, 2020

Forbes 2020 List of the World’s Best Banks

Forbes partnered with market research firm Statista to measure the best banks in more than 20 countries by surveying more...
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Apr. 14, 2020

Fintechs Can Pass Financial Inclusion Test Through Stimulus Checks

One of the biggest benefits presented by fintechs is their ability to serve customers big banks normally would ignore; with...
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Feb. 21, 2020

America’s Ten Most Valuable Fintech Startups

ValueWalk has analyzed the recent CB Insights report on fintech funding as well as the Forbes 50 report on the...
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