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 provides 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 lately, because of its concentrate on cell banking and its low-fee construction. The corporate has over 12 million clients and is valued at over $25 billion. Chime’s IPO will enable it to lift capital to proceed its development and develop into new markets.
