Chime Financial, Inc. to Acquire Central Service Corporation in Merger Deal
Acquiring Company
Chime Financial
Acquired Company
Central Service Inc.
Description
On September 8, 2026, Chime Financial, Inc. entered into a Merger Agreement with Central Service Corporation. The Agreement involves Merger Sub, a wholly-owned subsidiary of Chime, merging with CSC, which will continue as the surviving entity. The transaction is valued at $590 million, subject to adjustments.
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Based on deal dataFrequently asked
Who acquired Central Service Inc.?
Central Service Inc. 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 Central Service Inc.?
Chime Financial's acquisition of Central Service Inc. was reported on September 8, 2026. On September 8, 2026, Chime Financial, Inc. entered into a Merger Agreement with Central Service Corporation. The Agreement involves Merger Sub, a wholly-owned subsidiary of Chime, merging with CSC, which will continue as the surviving entity. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Central Service Inc. do?
Central Service Corporation is an Oklahoma-based financial services holding company. It is the parent company of Stride Bank, National Association, providing a variety of banking and financial services. It is privately held, operating in Oil And Gas, and is based in Bend.
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