Online Bank Chime Is Close to New Funding at a $1.5 Billion Value
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Chime, a financial technology startup that offers online banking services, is close to raising $300 million at a $1.5 billion valuation, according to two people familiar with the matter.
The San Francisco-based company last raised in May at $500 million, meaning this new round triples its valuation. Menlo Ventures led the last round, and DST Global is likely to lead the one currently closing, the people said. They also said the amount being raised could change and asked not to be identified discussing private information.