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Chime to buy nationally chartered Stride Bank for $590 million, shares jump
Source: reuters.com
FintechM&A & RestructuringBanking & LiquidityCredit & Bond Markets
Chime will acquire nationally chartered Stride Bank for $590 million, bringing key banking infrastructure in-house. The transaction supports Chime's planned expansion in lending and could improve control over its banking operations, making it a strategically significant fintech-banking deal.
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