Chime, a digital banking platform, plans to go public in 2025 by way of an Preliminary Public Providing (IPO). An IPO is a course of by which a non-public firm affords its shares to the general public for the primary time. Chime’s IPO is predicted to be one of many largest monetary know-how IPOs in historical past.
Chime has grown quickly in recent times, due to its concentrate on cellular banking and its low-fee construction. The corporate has over 12 million clients 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.
