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Chime Financial (NasdaqGS:CHYM) has entered a definitive agreement to acquire Stride Bank, signaling a move toward full-service banking capabilities. The planned purchase would give Chime direct control over Stride Bank's charter and deposits, shifting it away from a partner-bank reliant model. The acquisition is expected to extend Chime's national reach in consumer banking as it integrates Stride Bank's existing operations and customers. There is more to Chime's outlook than the planned...
Chime Financial (CHYM) just opened an 84,000 square foot East Coast hub at 122 Fifth Avenue in Manhattan’s Flatiron District, consolidating its expanding New York operations under one roof for investors to track. That New York expansion comes after a busy few weeks for Chime Financial, which recently issued fresh 2026 revenue guidance. However, the 7 day share price return is down 8.09% and the 30 day move is also lower, even as the 90 day share price return is up 72.33% and the 1 year total...
NEW YORK, September 16, 2026--Chime® (Nasdaq: CHYM), America’s #1 choice for banking1, today opened its new office at 122 Fifth Avenue, establishing its East Coast hub in Manhattan’s Flatiron District and expanding its presence in Chime’s largest metropolitan market.
Chime COO Janelle Sallenave spoke with WSJ Leadership Institute Technology Council Chair Ben Ashwell at the WSJLI Technology Council Summit and described how the company’s AI system spent roughly 25 minutes trying to fix a missing space in its app—a problem she said a human could have solved in about 10 seconds. Sallenave said the example illustrates how companies are still learning where AI works, where it doesn’t and how humans need to oversee it.
Fred Alger Management, LLC ("Alger"), a privately held growth equity investment manager, today announced the quarterly rebalancing of the Alger Russell Innovation Index ("Index"). Following the close of trading on Friday, September 18, 2026, the Index will be rebalanced, and the following changes will be effective.
Chime Financial, Inc. (NASDAQ:CHYM) has agreed to buy its longtime banking partner, Stride Bank, for $590 million in cash, marking a major step in its push to become a more fully integrated banking platform. The deal will give Chime direct ownership of a nationally chartered bank and bring more of its banking infrastructure under its […]
Chime just agreed to buy the bank it has been renting for years, and the move promises cheaper funding and cleaner economics while dragging the fintech into a world of capital requirements and federal oversight it has never faced before.
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