SoftBank helped the digital financial services provider raise a series G round led by Sequoia Capital, reaching a post-money valuation of $25bn.
Chime, a US-based mobile bank operator, has secured $750m in a series G round featuring telecommunications and internet group SoftBank’s Vision Fund 2, at a post-money valuation of $25bn, according to press reports.
The round was led by venture capital firm Sequoia Capital Global Equities and backed by private equity and hedge funds General Atlantic, Tiger Global and Dragoneer Investment Group.
Founded in 2013, Chime offers digital financial services through partnerships with regional banks, providing debit cards, spending accounts, savings…
