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BIZARRE: 2 | Mind Blowing Facts

The Chime IPO: what would-be investors should know about its $31 a share private market valuation and more

Chime reported losses in 2024 but posted a profit in Q1.

Fortune

eToro rises 29% on first trading day in upbeat sign for IPO market

The debut will be followed by neo-bank Chime, which plans to list on Nasdaq.

Fortune

Chime rings the IPO bell

Within the span of a few hours on Tuesday, eToro priced its IPO above its initial range and Chime filed an S-1, setting the stage for its own listing.

Fortune

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Amazon is ending support for its business calls and meetings service

AWS hoped Chime would be a breath of fresh air in business communications, but it’s now retiring.

TechRadar

These AI startups eyeing IPOs could be poised for long-term investor success

Some AI startups are itching to finally go public; other tech startups that are just 'AI-adjacent' are hoping the tech can boost their share prices.

Fortune

The "no-spend" trend is gaining steam

Americans are looking to tame their spending in response to overconsumption and persistent inflation

Salon

Chime customers can file taxes for free on the app

Fintech company Chime thinks it has cracked the code for tax filing—by making the process easy, rewarding, and free.

Fortune

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Dead stars can celebrate 2 New Years every second with nearby cosmic fireworks

Celestial fireworks that erupt all year long but last a fraction of a second, fast radio bursts, may have traced them to the immediate surroundings of extreme and highly magnetic dead stars.

Space

Chime proves that financial branding doesn’t have to be boring

JKR builds a banking brand with personality.

Creative Bloq

Chime to buy Salt Labs for as much as $173M in push to expand ahead of possible IPO

Salt Labs’ CEO, whose career arc has been tumultuous, will join Chime.

Fortune

Astronomers get closer to solving the lingering mystery of fast radio bursts

Astronomers using the CHIME telescope are looking at strange, one-off cosmic explosions with a new angle. This could bring us closer to solving the lingering mystery of fast radio bursts.

Space

Elusive Fast Radio Bursts In Space Probably Come From the Most Ordinary Galaxies

The 28 fast radio bursts CHIME observed had some from galaxies like ours, with middle-of-the road gas density and fairly modest magnetic fields.

Inverse

Top Ways Americans Managed Their Money In 2023

Over 75% feel more confident that they’ll be able to achieve their goals in 2024.

Zenger

Millennials led the consumer fintech revolution post-2008. Here’s why Gen Zers are about to do the same

The ground is shifting again–and it looks strikingly similar to the early 2010s.

Fortune

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Fortune

Chime Financial doesn't need buildings to build trust

In fact, chief experience officer Janelle Sallenave says being digital-native has helped it build better products for customers.

Zenger

What Purchases Give Americans The Most Bang For Their Buck?

Americans admit that only about half (55%) of the purchases they make are “worth every penny,” according to new research.

Inverse

In Space, The Dead Scream — Now Scientists Are Finally Listening

Most fast radio bursts are one-off events that never seem to repeat, but a recent study suggests astronomers just need to be patient.

Fortune

Jason Lee's last startup to launch in a month

Jason Lee's last startup was DailyPay, which raised over $1 billion, including $175 million in equity capital and the remainder in a revolving credit facility and a term loan. (SVB Capital, the venture capital and credit investment arm of SVB Financial Group, provided a small portion of the DailyPay term…

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Fortune

The 10 best secured credit cards for 2024

We compared dozens of secured credit cards across numerous financial institutions and weighed minimum account deposits, annual fees, credit limits, rewards, and more.

Tribune News Service

Payday Friday is becoming payday Wednesday, thanks to banks and credit unions

Payday Friday is increasingly coming one or two days early — on Wednesday or sometimes Thursday.

Fortune

Should you bank with Chime? Our 2023 review

The fintech company has checking and savings accounts but no money market or CDs.

Fortune

IPO outlook: After a boom and bust in recent years, 2023 may be the year unicorns Stripe, Chime, and Instacart list shares

The IPO pipeline closed in 2022, but there’s reason to believe that it may reopen as 2023 gets underway.

Kiplinger

Hot Upcoming IPOs to Watch

The most exciting upcoming IPOs include Elon Musk's SpaceX and data intelligence platform Databricks.

Chicago Sun-Times

Closed accounts, no money: Chime app users complain they were suddenly shut out of their online accounts

Consumers have filed hundreds of complaints saying accounts with the popular fintech app were closed without warning. The company says it can close them “for any reason or no reason.”

Chicago Sun-Times

App doles out refunds after Sun-Times report, where to go apple picking in Illinois and more in your Chicago news roundup

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

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