Windsor Drake
Transaction · Neobank · 2026

Chime acquires Stride Bank

Chime acquired Stride Bank for $590M on September 8, 2026.

Target
Stride Bank
Acquirer
Chime
Deal value
$590M
Announced
September 8, 2026
Sub-sector
Neobank

Transaction overview

  • Chime announced the acquisition of Stride Bank on September 8, 2026 for $590M.

Strategic rationale

Chime acquires Stride Bank for $590M to gain full banking stack control

Deal terms & multiples

Deal value
$590M
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
September 8, 2026
Acquirer
Chime (Strategic)
Sub-sector
Neobank

Sources

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