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ChimeAcquisition

Chime to buy Stride Bank for $590M

What happened

Fintech company Chime is set to acquire its long-time partner Stride Bank for $590 million in a cash deal.

Source

bankingdive.comSep 8, 2026By Caitlin Mullen

Chime to buy Stride Bank for $590M

Article excerpt

Highlighted: the sentence this signal was extracted from

Acquiring one of its long-time bank partners offers the fintech "a faster and more proven path to full-stack ownership," compared to pursuing its own charter, Chime said Tuesday. Chime CEO and co-founder Chris Britt said the acquisition will strengthen the company's model while its "member-aligned, technology-driven strategy will remain the same." Founded in 2012, Chime, which had about 10.4 million active members as of the second quarter, sees itself competing largely with incumbent banks for primary account and direct deposit relationships. "By combining Chime's leading brand and deep member relationships with Stride's national charter and team, we will accelerate toward our vision to be the largest provider of primary bank accounts in America," Britt said in the release. Stride, which has about $4 billion in assets, was founded in 1913 and has branch locations in Oklahoma and Salt Lake City. Chime accounts "are already a significant contributor to Stride's deposits," the fintech said Tuesday. "Stride has spent more than a century serving customers and strengthening communities," said Brud Baker, the lender's chairman and CEO, in the release. "For seven years, we have seen firsthand how Chime puts members first and how seriously it takes its mission. That gives us real confidence in this combination and the future we can build together. Stride's national bank charter and...

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Extracted by Autobound

From the Signal API record
Event
Acquisition

What this signalsIntegration work after a deal often opens needs for new systems and services.

Amount
$590M
Location
Oklahoma, United States

Companies

  • Stride BankTargetstridebank.com

More acquisition signals at other companies

The full record

From the Signal API record

Numbers

Amount (USD)
$590M

Extraction

Confidence
95%
Detected
Sep 8, 2026
signal_type
news
signal_subtype
acquires

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/643308fb-ccfa-54f4-8a3c-d75fb7ace157 returns this record as JSON. POST /v1/companies/enrich returns every signal for chime.com.

{
  "signal_id": "643308fb-ccfa-54f4-8a3c-d75fb7ace157",
  "signal_type": "news",
  "signal_subtype": "acquires",
  "detected_at": "2026-09-08T20:45:16+00:00",
  "company": {
    "name": "Chime",
    "domain": "chime.com"
  },
  "data": {
    "url": "https://www.bankingdive.com/news/chime-buys-stride-bank-590m-acquisition-fintech/829857/",
    "title": "Chime to buy Stride Bank for $590M",
    "author": "Caitlin Mullen",
    "excerpt": "Acquiring one of its long-time bank partners offers the fintech “a faster and more proven path to full-stack ownership,” compared to pursuing its own charter, Chime said Tuesday. Chime CEO and co-founder Chris Britt said the acquisition will strengthen the company’s model while its “member-aligned, technology-driven strategy will remain the same.” Founded in 2012, Chime, which had about 10.4 million active members as of the second quarter , sees itself competing largely with incumbent banks for primary account and direct deposit relationships. “By combining Chime’s leading brand and deep member relationships with Stride’s national charter and team, we will accelerate toward our vision to be the largest provider of primary bank accounts in America,” Britt said in the release. Stride, which has about $4 billion in assets, was founded in 1913 and has branch locations in Oklahoma and Salt Lake City. Chime accounts “are already a significant contributor to Stride’s deposits,” the fintech said Tuesday. “Stride has spent more than a century serving customers and strengthening communities,” said Brud Baker, the lender’s chairman and CEO, in the release. “For seven years, we have seen firsthand how Chime puts members first and how seriously it takes its mission. That gives us real confidence in this combination and the future we can build together. Stride’s national bank charter and...",
    "summary": "Fintech company Chime is set to acquire its long-time partner Stride Bank for $590 million in a cash deal.",
    "location": "Oklahoma",
    "planning": true,
    "image_url": "https://imgproxy.divecdn.com/TSh7Xw6EgaADfMj4iB5HUfdKX57BJtChdUz_iw8e9PQ/g:ce/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0yMjE5MTUyMTIwLmpwZw==.webp",
    "confidence": 0.95,
    "published_at": "2026-09-08T20:45:16Z",
    "location_data": [
      {
        "state": "Oklahoma",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "Acquiring one of its long-time bank partners offers the fintech “a faster and more proven path to full-stack ownership,” compared to pursuing its own charter, Chime said Tuesday.",
    "amount_normalized": 590000000,
    "related_company_name": "Stride Bank",
    "related_company_domain": "stridebank.com"
  }
}

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