Research Outline

FinTech Funding

Goals

To establish the total funding amount, funding in the past year, and funding over the last five years of Chime, Marqeta, Petal, Clair, Stripe, Robinhood, Sofi FinTech companies. To also provide the link to the official websites.

Early Findings

  • The funding information for Chime over the last five years and other data is captured on the attached spreadsheet.

Chime

  • The link to the Chime website is here.
  • The total funding amount for Chime, according to Crunchbase, is $1.5 billion.
  • Chime raised $485 million through Series F funding in August 2020.
  • Chime raised $500 million in December 2019 through Series E funding and $200 million in March 2019.
  • Chime raised $9 million in May 2016 through Series A funding, $18 million in September 2017 in Series B funding, and $70 million in 2018 through Series C funding.

Research Summary

  • After conducting the initial one-hour research, we found the total funding and a breakdown of yearly funding of Chime over the last five years, 2016 to 2020.