Tech Company Financing Transactions
Chime Funding Round
DST Global and private investors joined a $500 million Series E funding round for Chime. The round closed on 12/9/2019.
Transaction Overview
Company Name
Announced On
12/9/2019
Transaction Type
Venture Equity
Amount
$500,000,000
Round
Series E
Investors
DST Global (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
250 Sutter St.
San Francisco, CA 94108
USA
San Francisco, CA 94108
USA
Phone
Website
Email Address
Overview
Chime's business was built on the principle of protecting our members and helping them get ahead. That means we don't profit off of you. We profit with you: every time you use your Chime debit card, we earn a small amount from Visa (paid by the merchant).
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We report on all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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