Chime, Challenger Banks And The Challenges Of (Lofty) Valuations
PYMNTS
SEPTEMBER 18, 2020
Regional players like BankUnited have even smaller market caps (at about $2 billion). 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 As COVID-19 hit, Chime’s users were able to tap into $200 cash advances.
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