Stride Bank

Money Moves

Chime agreed to acquire it for $590 million

On November 18, every fund that tracks the S&P MidCap 400 has to own Chime Financial. The index provider is adding the fintech to replace NorthWestern Energy, which is being acquired by Black Hills Corp. The seat opened because a merger removed a member, not because a committee judged Chime.

Updated 2 hours ago