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

PYMNTS

The partnership model is an increasingly popular setup for financial technology startups that don’t have their own bank charters. The company said earlier this year that it had more than eight million accounts in place, as reported by the Los Angeles Times.

article thumbnail

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

PYMNTS

The partnership model is an increasingly popular setup for financial technology startups that don’t have their own bank charters. The company said earlier this year that it had more than eight million accounts in place, as reported by the Los Angeles Times.