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Chime acquires Stride Bank for $590 million to form Chime Bank, N.A.

Crypto Briefing ·

Fintech firm Chime has acquired Stride Bank in a deal valued at $590 million. The acquisition results in the formation of Chime Bank, N.A., a move intended to increase the company's financial independence and support its strategic growth.

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Summaries are written by AI from the original article. Not investment advice.

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