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 Regional players like BankUnited have even smaller market caps (at about $2 billion). Accounts are FDIC-insured through a partnership with Bancorp Bank. billion, as CNBC reported. With the $14.5
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