CORRECTION: Chime To Acquire Stride Bank For $590M in Cash, Creating Wholly Owned Chime Bank, N.A.
Advances Chime’s vision to become the leading consumer technology company built to bank mainstream AmericaBank subsidiary to add foundational piece to Chime’s vertically integrated platformExpected to be immediately
Chime is buying another bank company for $590 million so it can control more of its own banking services. This shows Chime is working to build a bigger, more complete financial company, which is something to watch as it grows.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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