J.P. Morgan’s Tien-tsin Huang initiates coverage of bank services company with an overweight rating and a projected 25% stock-price gain over the next 12 months ...

Today, Chime offers a small but growing set of services, including savings accounts and credit cards, and it has 8.6 million customers. Of the 75% of transactions per customer in the first quarter, 70 ...

Chime reported $518.7 million in revenue for the most recent quarter, a 32% increase from a year earlier. Net income narrowed slightly to $12.9 million, down from $15.9 million in the same period ...

The online banking provider priced its IPO at $27 per share, above the expected range. Chime raised approximately $700 million in new capital in a deal valuing the company at about $11.6 billion.

The banks then pass money on to Chime. In the March quarter, Chime generated $12.9 million in net income on $518.7 million in revenue. Revenue grew 32%, while profit narrowed from $15.9 million.

The banks then pass money on to Chime. In the March quarter, Chime generated $12.9 million in net income on $518.7 million in revenue. Revenue grew 32%, while profit narrowed from $15.9 million.

Chime, a bank account and rewards app for mobile millennials, has received $8 million in funding led by Crosslink Capital along with seed investors Homebrew, Forerunner Ventures and PivotNorth ...