Chime to Buy Nationally Chartered Stride Bank for $590 Million, Shares Jump

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

Chime to Become Bank by Buying Partner Stride for $590 Million

Chime Financial Inc. struck a deal to buy Stride Bank for $590 million in cash, snapping up its longtime partner as the fintech streamlines its operations.

Chime Financial to buy Stride in $590M cash deal, raises earnings guidance; shares up (CHYM:NASDAQ)

Chime Financial (CHYM) has agreed to acquire the nationally chartered bank Stride for $590M in cash.

Fintech Chime Buys Stride Bank for $590 Million

San Francisco-based fintech Chime announced on Tuesday its intention to acquire nationally chartered Stride Bank for $590 million in an all-cash deal. This strategic move is set to bring crucial banking infrastructure in-house, enabling Chime to significantly expand its lending business. Chime targets everyday Americans with banking products, having successfully grown its user base by

Chime Financial Signals Breakout On Strong Guidance, Stride Takeover

Chime Financial jumped late Tuesday after raising guidance and announcing a key acquisition. The post Chime Financial Signals Breakout On Strong Guidance,…

Chime Financial, Inc. (CHYM) Stock: Surge as $590M Stride Bank Acquisition Fuels Rally

TLDR CHYM surged 10.38% after hours as Chime agreed to acquire Stride Bank for $590M. Chime will pay $590 million in cash to acquire longtime banking partner Stride Bank. The Stride deal could deliver more than $100 million in net synergies for Chime. Chime lifted its full-year 2026 revenue guidance to as much as $2.77 [...]