Tag: Chime

Chime, a leading name in the FinTech sector, is taking significant strides to ease the financial burdens of its members, especially during the tax season.

According to forecasts from the business research company, the market for AI in FinTech would expand at a rate of 28.6% and reach $31.71...

Chime, a digital bank, has held onto the top spot for highest app downloads in 2021 with a 5% increase from 2020 to 8.6m....

Mobile banking giant Chime has reportedly hit a $25bn valuation following the close of a $750m round, which could be the precursor to an IPO later this year.

Financial services firm Chime is in early talks with investment banks on a new stock market flotation which could potentially value the startup at $30bn, Reuters reported.

Swedish challenger bank Northmill has secured $30.1m in a new funding round led by investor M2 Asset Management.

WealthTech companies globally raised $9.3bn last year across 443 transactions setting a record for both funding and deal activity.

American challenger bank Dave has received a $100m credit facility from Victory Park Capital.

Massive amounts of capital have been injected into the FinTech industry in 2020, but ten companies raised bigger rounds than the rest.

Payments giant Stripe is reportedly looking to raise a funding round which could see its valuation reach somewhere between $70bn and $100bn.