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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

Regional players like BankUnited have even smaller market caps (at about $2 billion). Accounts are FDIC-insured through a partnership with Bancorp Bank. The company said earlier this year that it had more than eight million accounts in place, as reported by the Los Angeles Times. With the $14.5

article thumbnail

Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

Regional players like BankUnited have even smaller market caps (at about $2 billion). Accounts are FDIC-insured through a partnership with Bancorp Bank. The company said earlier this year that it had more than eight million accounts in place, as reported by the Los Angeles Times. With the $14.5