Digital banking startup Chime valued at $1.5b after DST Global-led round

Digital-only banking startup Chime has raised $200 million from investors in a new round of funding which values the company at $1.5 billion, it said on Tuesday.

The investment was led by venture capital firm DST Global with participation from new investors General Atlantic, Coatue, ICONIQ Capital and Dragoneer Investment Group, the company said. Existing investors Forerunner Ventures, Cathay Innovation, Menlo Ventures and others also participated, Chime said.

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