Chime Financial Signals Breakout On Strong Guidance, Stride Takeover Chime Financial's stock surge on strong guidance and its acquisition of Stride, a nationally chartered bank, may seem like an isolated financial event to some.
However, this development holds significant implications for the broader fintech landscape. The company's third quarter revenue is expected to reach $705 million, a 3 4% increase from its previous target range.
Chime also raised its full year guidance, projecting revenue of $2. 76 billion to $2. 77 billion – a slight bump from its prior goal of $2. 725 billion to $2. 745 billion.