Chime is a popular bank among millennials, and it doesn't even have a physical location. Chime is a bank account and debit card for the digital age and the digital-first consumer and saver.
Chris Britt is the CEO and Co-founder of Chime. Britt joins Cheddar to explain how the digital bank is growing. In the Fall of 2017, Chime closed a Series B round to the tune of $18 million. Chime has been using those funds to grow their reach and market.
Britt expects that Chime will reach 1 million bank accounts this quarter. For now, Chime has no plans to build any physical locations at this point.
A ransomware attack has prompted a health care chain that operates 30 hospitals in six states to divert patients from at least some of its emergency rooms to other hospitals, while putting certain elective procedures on pause, the company announced.
Online fashion retailer Sheen is reportedly said to go public. Multiple media outlets reported that the Chinese-founded company has filed confidentially for an initial public offering in the U.S.
