that , the San Francisco-based company offering a mobile phone app to聽 help members avoid bank fees and save money automatically, announced a $485 million Series F funding round that values the company at $14.5 billion.
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Comparatively, stock brokerage company , which raised $200 million last month, has a valuation of $11.2 billion.
Investment firms participating in Chime’s latest round include , , , , , , and , according to CNBC. The new funding brings Chime to $2 billion in investment funds raised since its inception in 2013, according to Crunchbase data.
Back in December, we reported that Chime had secured $700 million across two mega-rounds–a and –in 2019, pushing its valuation to $5.8 billion.
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