Chime, Challenger Banks And The Challenges Of (Lofty) Valuations
PYMNTS
SEPTEMBER 18, 2020
This week, Chime, focused on banking via mobile apps, held a $485 million series F funding round that valued the company at $14.5 CNBC noted that the company will be “IPO-ready” within the next year, as projected by Chime CEO Chris Britt. billion, as CNBC reported. billion garnered only 18 months ago.
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