Acquiring Company
Chime Financial
Acquired Company
Stride Bank N.A
San FranciscoInformation TechnologyFinancial ServicesVenture Capital FundFinancial ServicesFinanceLendingBankingDescription
Chime has announced a definitive agreement to acquire Stride Bank for $590 million in cash. Following the deal's closure, Stride will operate as a wholly owned subsidiary of Chime Bank, N.A. This acquisition is a significant step in Chime's growth and service expansion. Chime and Stride have enjoyed a partnership for more than seven years.
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Based on deal dataFrequently asked
Who acquired Stride Bank N.A?
Stride Bank N.A was acquired by Chime Financial, based in San Francisco. The deal was reported on September 8, 2026. Chime Financial said on Friday it had raised $750 million in its latest funding round led by Sequoia Capital Global Equities, valuing the financial services startup at $25 billion. Chime Financial is publicly traded (CHYM) and operates in Information Technology.
When did Chime Financial acquire Stride Bank N.A?
Chime Financial's acquisition of Stride Bank N.A was reported on September 8, 2026. Chime has announced a definitive agreement to acquire Stride Bank for $590 million in cash. Following the deal's closure, Stride will operate as a wholly owned subsidiary of Chime Bank, N.A. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Stride Bank N.A do?
Stride Bank is a nationally chartered bank that provides a range of banking services, including retail and commercial banking. It has been partnered with Chime for over seven years. It is privately held, operating in Financial Services.
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