Fundz
Funding, M&A and exec moves matched to your market, from $49/mo billed annually, or $79/mo quarterly. See plans and pricing.See plans →

Chime Financial, Inc. to Acquire Central Service Corporation in Merger Deal

PUBLIC · CHYMSep 08, 2026about 3 hours ago

Acquiring Company

Chime Financial

Acquired Company

Central Service Inc.

San FranciscoBendInformation TechnologyFinancial ServicesVenture Capital FundOil And Gas

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.

Company Information

Company

Chime Financial

Location

77 MAIDEN LANE

San Francisco, California, United States

About

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.

Don't miss Chime Financial's next move

Get an email the moment Chime Financial makes an acquisition, hires an exec, or expands, usually minutes after it happens.

One email per event. Unsubscribe anytime.

Related People

Madhu
Likely contact at this company
••••••••@••••••••

See Madhu's verified email →

Predictive Intelligence
Strategic

ML-powered predictions for Chime Financial's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently 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.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.