Business & M&APayment Expert · 6d ago
Chime cuts out the middleman with $590m acquisition of Stride Bank
By Kieran O'Connor•September 9, 2026
The brief
Chime’s $590m purchase of Stride Bank looks to be more about control over infrastructure than owning a national charter. Chime has announced plans to buy banking partner Stride Bank for $590m, taking control of its customer accounts and payments infrastructure. The acquisition, subject to regulatory approval and expec…
Original report
Payment Expert
Summary is editorial. Full reporting, images and rights belong to the source.
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