Chime pulls in $18m, surpasses 500,000 bank accounts

Chime 1

Chime, a mobile banking challenger that says it helps customers avoid fees and automate their finances, has raised $18 million in Series B financing, led by global venture fund Cathay Innovation, reports Paybefore (Banking Technology‘s sister publication). The company, co-founded by prepaid veteran Chris Britt, also reported that more than 500,000 bank accounts have been opened since […]

Q2 Holdings launches CardSwap with Chime banking

Q2 Holdings

Digital banking technology company Q2 Holdings took the Finovate stage in New York to demo its CardSwap technology, which enables cardholders to automatically move their bill payments to a new funding source when they switch banks, reports Paybefore (Banking Technology‘s sister publication). CardSwap enables account holders to automatically apply new debit or credit card information […]