Online bank Chime now valued at $1.5 billion after new funding round [CNBC]
The Bancorp, Inc. (TBBK)
Last the bancorp, inc. earnings: 4/30 04:05 pm
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Source: CNBC
Online bank Chime now valued at $1.5 billion after new funding round Source: Chime Chime app on smartphone Digital bank Chime has tripled its valuation, officially passing the $1 billion-mark this week. The San Francisco-based company announced a $200 million Series D financing round on Tuesday that brings its new valuation to $1.5 billion. Investors were led by DST Global, which also participated in earlier fundraising rounds, and new investors Coatue, General Atlantic, ICONIQ Capital and Dragoneer Investment Group, the company announced Tuesday. "There's pent up demand for more consumer-friendly banking services," Chime CEO Chris Britt told CNBC in a phone interview. "We think there's a better way to do this that's actually aligned with the best interests of our members." The online-only bank lets customers deposit and save money on its platform and spend using a no-fee debit card. Chime earns revenue from debit card transaction fees paid by merchants. Accounts are FDIC-insured thro
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TBBK
News
- Stellar Bancorp, Inc. Named the Third Best Performing U.S. Public Bank in the Country in S&P Global Market Intelligence's Annual Rankings [Yahoo! Finance]Yahoo! Finance
- Lowey Dannenberg, P.C. is Investigating The Bancorp, Inc. (“TBBK” or the “Company”) (NASDAQ:TBBK) for Potential Violations of the Federal Securities Laws and Encourages Investors with more than $50,000 in Losses to Contact the FirmGlobeNewswire
- Exclusive: The Inside Story Of Chime, America's Biggest Digital Bank [Forbes]Forbes
- Stellar Bancorp, Inc. (NASDAQ:STEL) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against The Bancorp, Inc. and Encourages Investors with Losses to Contact the FirmAccesswire
TBBK
Earnings
- 4/25/24 - In-Line
TBBK
Sec Filings
- 5/6/24 - Form 8-K
- 5/6/24 - Form 4
- 5/6/24 - Form 4
- TBBK's page on the SEC website