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.
Meta and Microsoft are teaming up in the AI space to provide new software for businesses.
Americans Airlines flight attendants will vote for a potential strike if a new contract agreement can't be reached with the airline's management.
Chinese livestreamers have set their sights on TikTok shoppers in the U.S. and Europe, hawking everything from bags and apparel to crystals with their eyes on a potentially lucrative market, despite uncertainties over the platform's future in the U.S. and elsewhere.
Shares of AT&T hit a 30-year low after reports showed thousands of lead-covered cables in several locations across the country. The Wall Street Journal reported on the story earlier in July.
Babies R Us is opening a flagship store in New Jersey.
Jade Warshaw, master financial coach at Ramsey Solutions, offers some tips on how to save better.
Kathryn Tuggle, chief content officer for Her Money, explains the importance of summer jobs for teens to their future career prospects.
Meta and Microsoft are teaming up in the AI space to provide new software for businesses.
Be Well: Spruce Up Your Summer With These Must-Have Items
What's happening on Wall Street July 19, 2023.
