Chime, a digital banking platform, plans to go public in 2025 by means of an Preliminary Public Providing (IPO). An IPO is a course of by which a non-public firm gives its shares to the general public for the primary time. Chime’s IPO is predicted to be one of many largest monetary expertise IPOs in historical past.
Chime has grown quickly in recent times, because of its deal with cell banking and its low-fee construction. The corporate has over 12 million prospects and is valued at over $25 billion. Chime’s IPO will permit it to boost capital to proceed its development and increase into new markets.
