In a world the place fintech is so scorching proper now, and buyers are being swept up by their pleasure for the house, Chime has managed to trip the wave to close perfection. The corporate has raised upwards of $2.6 billion, together with a contemporary $750 million simply this 12 months.
The startup, enjoying within the fee-free banking house, now has a valuation of $25 billion. Sources instructed The Wall Road Journal that an IPO is on the horizon for the startup.
So, we’re greater than thrilled to announce that Chime founder and CEO Chris Britt will probably be becoming a member of us on an upcoming episode of FiratNews Stay (previously Further Crunch Stay). Britt will probably be joined by Shawn Carolan of Menlo Ventures, who led the corporate’s Sequence C funding spherical again in 2018.
FiratNews Stay is a free, weekly occasion that lets of us within the viewers join with founders and the buyers who finance them to discover ways to construct higher venture-backed companies. We speak about what drew the buyers to the corporate, how the founder selected to associate with these explicit buyers and the way they work collectively, and scale the enterprise, transferring ahead.
Within the latter half of every episode, founders within the viewers are inspired to leap on our digital stage and pitch their merchandise, receiving stay suggestions from our esteemed duos.
FiratNews Stay is free for anybody who wish to attend stay, however solely FiratNews+ members have entry to the total library of FiratNews Stay content material on demand.
This episode of TCL goes down on October 13 at midday PDT/3 p.m. EDT. See you there!