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May 31, 2018 07:50 pm GMT

No-fees mobile bank Chime raises $70M Series C, valuing its business at $500M

Chime, the San Francisco-based challenger bank known for its consumer-friendly features and lack of fees, has raised $70 million in Series C financing, led by Menlo Ventures. The round, which also included existing investorsForerunner Ventures, Aspect Ventures, Cathay Innovation, Northwestern Mutual and Omidyar Network, brings the company to over $100 million in total funding to […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/PGh0Psjnur0/

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