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Chime shares jump as Stride deal puts fintech on path to bank charter
Sept 9 : Chime shares climbed 7 per cent in morning trading on Wednesday after the fintech firm agreed to buy Stride for $590 million, gaining a bank charter that would allow it to expand its lending business.Over the past few years, Chime has emerged as a major challenger to traditional banking heavyweights,
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cryptobriefing.com
Chime acquires Stride Bank for $590M, creating Chime Bank, N.A.
Chime Financial acquires Stride Bank for $590 million in cash to create Chime Bank, N.A., targeting over $100 million in synergies and direct
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channelnewsasia.com
Chime to buy nationally chartered Stride Bank for $590 million, shares jump
Sept 8 : Fintech Chime said on Tuesday it will acquire nationally chartered Stride Bank for $590 million, bringing key banking infrastructure in-house as it looks to expand its…
