Chime at $1.5B annualized revenue with 7M customers (TWIF 5/4)

150 million regular users

$400 billion in monthly transactions

3 billion transactions per month

Expected to represent 40% of online payments in Brazil in 2026

7 million active customers (most with direct deposit set up)

1.5 million monthly customer inquiries

30% revenue growth to $1.3 billion in 2023 (now $1.5B run-rate), with over $1B in gross profit

$8 billion in monthly transactions

$8 billion valuation (down from $25 billi0n in 2021)

Altruist, a wealth management-as-a-service platform that helps smaller advisories scale their businesses, raised $169 million and increased revenue by 550% in 2023 with 3x AUM growth.

Blend Labs, a provider of cloud banking software, raised $150 million, structured as Series A convertible preferred stock; $145 million of the proceeds to repay all amounts payable under its existing credit agreement.

Monzo, the profitable UK neobank, expanded its latest fundraise by £100 million (from £400 to £500 million), bringing on two new investors.

Ageras, a Danish cloud-based solution built to help businesses with accounting, payroll, banking, finance, and invoicing, raised €82 million earmarked for new European acquisitions.

Securitize, a tokenization platform that creates blockchain versions of products like money market funds, public stocks, and fiat currencies, raised a $47 million strategic investment from Blackrock, a customer.

Inhabitr, a real estate furnishing platform that offers a financing solution to allow commercial real estate owners to upgrade their properties, raised a $27 million Series B.

Lunar, a Danish neobank planning to scale across Scandinavia, raised €24.1 million.

Backflip, a buy and sell platform for real estate flipping transactions, raised a $15 million Series A.

Ansa*, a startup that helps merchants develop and offer branded virtual wallets, raised a $14 million Series A.

Numeric, an accounting automation startup, raised $10 million in seed funding.

Backed, a Swiss tokenized asset issuer, raised $9.5 million.

X10, a hybrid crypto exchange providing a centralised exchange experience for DeFi, raised $6.5 million.

Baselayer, building a credit score for businesses, raised a $6.2 million seed round.

Agora, a cross-chain crypto governance platform, raised $5 million in seed funding.

BriskPe, an Indian cross-border payments platform, raised $5 million.

Volta, a multi-signature, non-custodial crypto platform, raised $4.1 million.

Moso, a shop-to-earn platform that merges online shopping with cryptocurrency, raised a $2 million round.

Hinkal, a zero-knowledge protocol enabling institutional investors to trade on-chain privately, raised $1.4 million.

Birdwingo, a Czech platform to help young people with investing, raised €1.2 million.

Monese, a UK checking and money transfer app that was previously exploring a potential shutdown, and XYB, a fintech platform-as-a-service, each secured new funding and will separate from their existing group structure to become two independent businesses.

OPay, the Nigerian digital payments provider, had its valuation rise by 30% to almost $3 billion, as it 4x'ed users in 2023.

Gideon Valkin – who had formerly worked at Monzo, ClearScore and Entree Capital – raised a $12 million European fintech venture fund, Andrena.

Department of XYZ raised a $5.1 million fund to invest in crypto and decentralized finance.