PYMNTS

SEPTEMBER 18, 2020

And within FinTech, that most incandescent of sectors, things might look a bit, well, frothy. Also, in terms of pure valuation, to get a sense of the enthusiasm: CNBC said at the end of last year that Chime’s sales were likely around $300 million, tied to swipe fees on debit cards. billion, as CNBC reported.

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PYMNTS

SEPTEMBER 18, 2020

And within FinTech, that most incandescent of sectors, things might look a bit, well, frothy. Also, in terms of pure valuation, to get a sense of the enthusiasm: CNBC said at the end of last year that Chime’s sales were likely around $300 million, tied to swipe fees on debit cards. billion, as CNBC reported.

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Fintech Labs Insights

MARCH 4, 2019

youth to obtain a credit card. So most rely on debit cards for spending. However, debit cards don’t help in establishing credit for the estimated 45 million American adults without a credit score ( see note 1 ). Even before ubiquitous Visa/Mastercards, students in the ’70s and ’80s students easily obtained gasoline charge cards.

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