Tag: Chime

Mobile banking giant Chime has reportedly hit a $25bn valuation following the close of a $750m round, which could be the precursor to an IPO later this year.

Financial services firm Chime is in early talks with investment banks on a new stock market flotation which could potentially value the startup at $30bn, Reuters reported.

Swedish challenger bank Northmill has secured $30.1m in a new funding round led by investor M2 Asset Management.

WealthTech companies globally raised $9.3bn last year across 443 transactions setting a record for both funding and deal activity.

American challenger bank Dave has received a $100m credit facility from Victory Park Capital.

Massive amounts of capital have been injected into the FinTech industry in 2020, but ten companies raised bigger rounds than the rest.

Payments giant Stripe is reportedly looking to raise a funding round which could see its valuation reach somewhere between $70bn and $100bn.

Challenger bank Current has secured $131m in a Series C funding round led by Tiger Global Management to work towards making the financial lives easier for its users.

Mexican challenger bank albo has secured $45m as plans on becoming the nation's answer to Chime.

Hot on the heels of it bagging in $4.3m in new investment, teenage-focused neobank Copper has now strengthened its leadership by adding former Chime executive Daniel Gonzalez to the fold.