Chime valuation surges to $14.5 billion, eclipsing Robinhood as the highest valued consumer fintech firm

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Following the fundraising round, Chime reportedly has nearly $1 billion in cash at its disposal with further interest being generated with additional investors who see the company as a game-changer.

This may be the beginning of fintech’s reign over traditional banking as public banking has been visibly altered as a result of the pandemic.

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