Chime to acquire Stride Bank, ending its sponsor-bank model
Chime announced on 10 September that it is acquiring Stride Bank, ending its sponsor-bank model. The company cites scaling AI-native banking as the reason.
Who is affected and how
- fintech company
- Neobanks are increasingly moving from the sponsor-bank model toward holding their own banking licence.
- banking professional
- The reshuffling of sponsor-bank relationships also affects partner banks' business.
Sources
- Chime Acquires Stride Bank to Scale AI-Native Banking - FinTech Magazinefintechmagazine.com · Sep 10, 2026 · magyar
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