Description: The fintech world has a new heavyweight. Chime, the start-up that delivers banking services through mobile phones, has closed a fundraising that values the company at $14.5 billion, CNBC has learned exclusively.
Date: Sep 18, 2020
Questions for discussion:
- What does the report say to help explain the success of Chime?
- Do you think there will be more competitors entering this field?
- How would you expect the traditional banks to respond?