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Chime to buy nationally chartered Stride Bank for $590 million, shares jump

💰 Chime to Buy Nationally Chartered Stride Bank

Published by OOPSONLINE.IN · Source: The Star · 1 min read · · Updated

What actually happened

Sept 8 (Reuters) - Fintech Chime ⁠said on Tuesday it will acquire nationally chartered ⁠Stride Bank for $590 million, bringing key banking infrastructure ‌in-house as it looks to expand its lending business.

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