Reported about 22 hours ago
Chime has raised its 2025 revenue outlook due to growing demand for its digital banking services, with shares increasing 4% following the announcement. The fintech company now expects full-year revenue between $2.163 billion and $2.173 billion, surpassing analysts' predictions. The growth is attributed to the increase in purchase volume and active members, indicating resilient U.S. consumer spending despite competitive pressures from traditional banks.
Source: YAHOO