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Chime is raising $18 million in Series B financing for its mobile-first approach to banking. Cathay Innovation led the round with participation from Northwestern Mutual Future Ventures, Crosslink Capital, Forerunner Ventures, Homebrew and others.Without monthly fees or overdraft charges, Chime tries to appeal to the millennial generation, touting its affordability an
stanley termo puodeliai d easy-to-use app. Since launching in 2014, Chime has signed up 500,000 customers, who are typically in their late 20s and making between $50,000 and $70,000 per year.CEO and founder Chris Britt claims that Chime goals are more aligned with its customers than a traditional bank. The last thing we want to do is encourage reckless spending, he says. Chime is聽 onl
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Sarah KunstContributorMore posts from Sarah KunstBlack Future Month And The Tech Community Redrawing Silicon Vall
stanley tumbler ey s Racial LinesEditor note:聽Sarah Kunst is a venture partner at Future Perfect Ventures and a contributing editor at Marie Claire magazine.Gender diversity statistics
stanley cup price in technology are depressingly, familiarly terrible. Top tech companies have an average of ~70 percent聽male workforce, with board and c-suite diversity in the single digits. Venture-capital funding is similarly grim with only 6 percent of funds employing female funders, down from 10 percent in 1999. One marked shift from the last dot-com boom, however, is the rise of the angel investor.Angel investors ponied up $23 billion across 67K deals last year while venture investors doled out $27 billion over 3,700, according to a recent Forbes article. Their demographics aren t as disruptive as their investments, however, with the ranks being 82 percent male.But change
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