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Chime Financial to acquire Stride Bank for $590M

Chime Financial agreed to acquire Stride Bank for $590 million. Stride has served as Chime’s bank partner for more than seven years.

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Chime Financial agreed to acquire Stride Bank for $590 million, in a deal that would expand its brick-and-mortar footprint. Stride, a nationally chartered bank, has served as Chime's bank partner for more than seven years and will be…