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San Francisco California based Chime Financial is raising $599,999,961.00 in New Equity Investment.

San Francisco California based Chime Financial is raising $599,999,961.00 in New Equity Investment.

October 20, 2020 Craig Etkin

San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Chime Financial is raising $599,999,961.00 in new funding. Sources indicate as part of senior management Chief Financial Officer, Matthew Newcomb played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Chime Financial

Chime’s business was built on the principle of protecting our members and helping them get ahead. That means we don’t profit off of you. We profit with you: every time you use your Chime debit card, we earn a small amount from Visa (paid by the merchant). We created Chime because we believe everyone deserves financial peace of mind. We’re building a new kind of online bank account that helps members get ahead by making managing money easy. It’s your money. It’s your life. Chime in.

To learn more about Chime Financial, visit http://www.chime.com/

Contact:
Matthew Newcomb, Chief Financial Officer
415-603-6030
https://www.linkedin.com/in/matthewsnewcomb/

SOURCE: http://www.intelligence360.io
Copyright (c) 2020 SI360 Inc. All rights reserved


Venture Capital
7360, California, Chime Financial, San Francisco, Venture Capital

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