Move Aside Goldman, Start-up Bank CEO Says Being Challenged By Uber And Amazon For Dominance

Rupert Hargreaves

Published onJune 18, 2019

Online bank Chime is trying to shake up America's banking market. Unlike traditional bank accounts, Chime is an online-only bank, which lets customers deposit and save money on its platform and spend using a no-fee debit card. Rather than charging customers to use their own bank accounts, Chime earns revenue from debit card transaction fees paid by merchants instead.

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Chime has tripled its number of uses over the past...

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

Move Aside Goldman, Start-up Bank CEO Says Being Challenged By Uber And Amazon For Dominance

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