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      Home»Fintech » Chime Sees Boost Due to Wells Fargo Outage

      Chime Sees Boost Due to Wells Fargo Outage

      February 11, 2019
      Fintech, USA
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      Digital banking startup Chime saw a big boost last week after Wells Fargo reported an outage where customers could not access accounts; the challenger bank saw more than 10,000 new accounts in a 24 hour period during the outage; the company did not specifically say Wells Fargo was the cause but they heard from customers on social media that they were fed up with traditional banks; Chime is also close to closing a $300mn round at a $1.5bn valuation. Source.

      Tags : Chime, digital banking
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