Chime stock price recent upticks in fintech ETF flows are

Recent upticks in fintech ETF flows are influencing "chime stock price" momentum. Traders cite improved sentiment and lowered sector volatility risk as a catalyst for sustained movement. The analyst noted that he believes the company will not be hit hard by the recent court ruling on debit interchange fees. The court vacated the Federal Reserve’s Regulation II; however, this mainly affects banks with assets over $10 billion. Chime Financial, Inc. (NASDAQ:CHYM)’s bank partners are smaller and therefore exempt from the ruling. One analyst also asked Chime about whether it will be hurt by the new fees that JPMorgan Chase is planning to charge data aggregators like Plaid, which could get passed on to Plaid’s fintech customers. Plaid facilitates connections between bank accounts and fintechs to allow for features like money transfers and balance checks. Britt said the fees won’t affect Chime, because most of its active customers use Chime as their primary bank. So they don’t need to connect to outside bank accounts as often as other major fintechs. “We really don't see this idea of charging for access as having any sort of negative impact on our side at all,” Britt said. Analysts tracking "chime stock price" point to robust Q2 customer growth. This supports valuation multiples consistent with a $40 target, assuming macro headwinds remain contained.