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Chime Adds $485M at a $14.5B Valuation, Claims EBITDA Profitability; Russia's Yandex Agrees $5.5B Tinkoff Acquisition; Greenlight Raises $215M for Kids' Debit Card
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Chime Adds $485M at a $14.5B Valuation, Claims EBITDA Profitability; Russia's Yandex Agrees $5.5B Tinkoff Acquisition; Greenlight Raises $215M for Kids' Debit Card

Weekly FinTech Digest | Week 39

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Linas Beliūnas
Sep 27, 2020
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Linas's Newsletter
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Chime Adds $485M at a $14.5B Valuation, Claims EBITDA Profitability; Russia's Yandex Agrees $5.5B Tinkoff Acquisition; Greenlight Raises $215M for Kids' Debit Card
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This week (21-25 September) was yet another interesting week in FinTech this year. The US neobank Chime has closed a funding round that brought its valuation to $14.5 billion. This is nearly double its valuation in December 2019 and almost 900% higher than just 18 months ago, when it was valued at $1.5 billion; Russian technology giant Yandex is poised …

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