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Chime Financial Raises Q3 and Full-Year Guidance, Agrees to Acquire Nationally Chartered Bank Stride
The mobile banking firm now sees third-quarter revenue of $705 million, up from a prior target of $680 million-$690 million. It projects full-year revenue at $2.76 billion-$2.77 billion, compared to its previous goal of $2.725 billion-$2.745 billion. Following these announcements, Chime Financial's stock jumped overnight, signaling a breakout.
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