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 presents its shares to the general public for the primary time. Chime’s IPO is anticipated to be one of many largest monetary expertise IPOs in historical past.
Chime has grown quickly lately, due to its deal with cellular banking and its low-fee construction. The corporate has over 12 million prospects and is valued at over $25 billion. Chime’s IPO will enable it to boost capital to proceed its progress and develop into new markets.
