Official announcements from Chime or lack of IPO filing with the SEC by the deadline

Chime Confidentially Files for IPO with $25 Billion Valuation, Aiming for 2025 Launch

Dec 19, 2024, 02:37 AM

Chime, a financial technology startup, has confidentially submitted its initial public offering (IPO) filing with the U.S. Securities and Exchange Commission (SEC). This marks a significant milestone in its journey to go public, with plans to launch the IPO in 2025. Chime was last valued at $25 billion in August 2021, reflecting its growth in the neobanking sector. The filing indicates Chime's intent to capitalize on the increasing interest in digital banking solutions.