San Francisco-based Chime, an online banking services provider, is nearing to secure $300 million in funding.

The funding round could value the company at $1.5 billion.

The round is anticipated to be led by Hong Kong (HK)-based venture capital firm DST Global.

Chime, which generates about $2.2 million in revenue annually, has bagged a total of $112.5 million in over six funding rounds.