US fintech company Chime has reportedly filed a confidential regulatory filing for an initial public offering (IPO) in 2025, according to Bloomberg. While the exact timing of the IPO remains uncertain, the move signals Chime's renewed plans to go public after delaying previous efforts during the 'fintech winter' of 2022. Valued at $25 billion in 2021, Chime's trajectory reflects broader industry trends, with the company closely monitoring economic and stock market conditions. Already back in December 2023, co-founder Chris Britt hinted at an IPO. Chime has continued to innovate and expand, with its popular overdraft feature, SpotMe, providing users with $30 billion in fee-free overdrafts since 2019. By meeting short-term liquidity needs without the typical $35 overdraft fee charged by traditional banks, Chime has positioned itself as a customer-centric disruptor in the financial services space. (Image by Techcouver) #Fintech #IPO #ChimeFinancial #Innovation #DigitalBanking #FinancialServices
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This is not the doorbell company. This is Bancorp. Putting information out early as I see some stuff hitting my desk that is more than fishy.... (I have no knowledge on Chime other than it isn't the doorbell company.... and yes I have research all about the doorbell company.) My first take is "like cashapp" but better. That means it will do well. These services are slowly improving and regulating where they can. This space (finservices dtc via card/app) have to continually battle fraud and schemes while offering great rewards and behaviors for those seeking to do better. Great product space to innovate in. Talking Tuna from last 4 years. Katie Roof if a must follow to stay up to date on what is happening. P.S. Correct me if I am wrong and faq check me. Trying some different content styles out and off the dome on what I see has always done well for me.... until it didn't ;) P.P.S.S. PLEASE. She is legit, you don't need to faq check me on Katie.
Scoop: Fintech Chime has submitted its IPO filing with the SEC, taking a big step on its go public journey. The bank alternative was valued at $25 billion during the peak of the 2021 tech boom. https://lnkd.in/gSqjG5Yn
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General Counsel, Executive, Trusted Advisor, Author, Business Owner (The Savvy Startup Advisor) and Enabler of Zero-to-IPO Startups
IPO Filing of Banking Disruptor, Chime 🏦 📈 It’s beginning to look a lot like Christmas 🎄 in the world of IPOs. On the heels of a successful launch 🚀 of Service Titan’s IPO, the banking disruptor, Chime, has filed its IPO papers. Learn more about it in the report of Bloomberg News’ Katie Roof 👇. Chime’s previous raise (with a $25B valuation) took place in 2021. Is the IPO fundraising door swinging open for unicorns 🦄? It’s critical to develop a state of readiness for liquidity event windows so that your startup can take advantage of such opportunities without miscues or delays. How’s your team’s plan? Are you ready? Learn more about such topics by reading along with us at The Savvy Startup Advisor. Subscribe today! #IPO #CapitalMarkets #VentureCapital
Scoop: Fintech Chime has submitted its IPO filing with the SEC, taking a big step on its go public journey. The bank alternative was valued at $25 billion during the peak of the 2021 tech boom. https://lnkd.in/gSqjG5Yn
Financial Startup Chime Submits Confidential Filing for IPO
bloomberg.com
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Lots of fintech acquisition activity in recent weeks with Brigit (~$460M) and MoneyLion (~$1B) being acquired - after a COLD year. In 2025, we may get a Chime IPO. If Chime has a public currency to acquire other fintechs the size of Brigit and MoneyLion, it could be great for the ecosystem.
Scoop: Fintech Chime has submitted its IPO filing with the SEC, taking a big step on its go public journey. The bank alternative was valued at $25 billion during the peak of the 2021 tech boom. https://lnkd.in/gSqjG5Yn
Financial Startup Chime Submits Confidential Filing for IPO
bloomberg.com
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A giant leap in the #fintech world! 🚀 Chime is making waves in the markets with its #IPO plans for 2025. 💼 As a leader in #DigitalBanking, #Chime is transforming lives with accessible #FinancialServices. 📈 The #IPO could propel the company to a valuation of $40 billion, marking a significant milestone for the #FintechSector. 🌟 Follow us to stay updated on the latest developments in the fintech world. #Fintech #Innovation #DigitalBanking #TechNews #MarketTrends #Banking #Finance
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Chime, the fintech startup focused on app-based banking, is set to kick start the 2025 IPO season after submitting a confidential IPO filing. Valued at $25B in 2021, the company is targeting a younger demographic with fee-free services and aims to capitalize on favorable market conditions for innovative financial platforms. #Chime #Fintech #IPO #Banking https://lnkd.in/eH3JB6-e
Financial Startup Chime Submits Confidential Filing for IPO
bloomberg.com
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US based digital bank Chime submits confidential filing for a 2025 IPO #Chime Financial, the San Francisco-based #fintech digital bank, has taken a significant step toward going public by submitting a confidential filing for its anticipated 2025 #IPO. Known for its no-fee banking services and digital-first approach, Chime aims to redefine the banking experience for its users. Founded in 2013 by Chris Britt and Ryan K., the company leverages an asset-light model, enabling it to offer competitive features like checking and high-yield savings accounts without the overhead of traditional banks. Backed by prominent investors such as Menlo Ventures, FORERUNNER VENTURES MANAGEMENT, LLC, Sequoia Capital, Coatue Management, and Acrew Capital, Chime has raised $2.65 billion to date. The company's focus on financial accessibility is evident in features like its paycheck advance option, allowing customers to access up to $500 before payday. Its partnerships, including a jersey sponsorship with the NBA’s Dallas Mavericks, reflect its growing influence in both fintech and popular culture. With a $25 billion valuation at its peak, Chime now looks to navigate the evolving IPO landscape as market optimism grows. Chime's public debut could signal a new chapter for fintech innovation and accessibility, in a year that could potentially be full of liquidity events. The article on Bloomberg in the first comment.
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What are the key legal considerations for fintech IPOs? London’s reputation as a fintech hub isn’t just about innovation—it’s also about its strong legal and regulatory framework. In Fintech Capital London, we explore how fintechs can leverage London’s advantages to go public successfully. In an exclusive interview with Susanne Chishti, Chris Hill from Fox Williams explains: ⚖️ The legal steps every fintech should take when preparing for an IPO ⚖️ How London’s IPO process is streamlined for global competitiveness 📌 Learn how your fintech can navigate the path to a successful listing. Watch the full interview here: https://lnkd.in/dVmYnQrp #fintech #fintechcapitallondon
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Fintech continues to showcase strong momentum across various sub-sectors. Notable developments include Klarna’s anticipated Nasdaq IPO, Chime’s growing prominence in the neobank space, and major transactions like AlphaSense acquiring Tegus and Paylocity acquiring Airbase. These trends underline fintech’s growth potential into 2025 and beyond. The insights come from a detailed research report highlighting key fintech trends in 2024. https://lnkd.in/e6bTGWWE #Fintech #FintechNews
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TCV General Partner John Doran shares insights on the current IPO market and the fintech landscape in Axios Pro. John emphasized that scale and profitability are essential for IPO success and highlighted exciting opportunities in fintech, particularly in infrastructure and B2B payments, where innovation and growth potential remain strong. TCV is proud to support CEOs/founders shaping the future of fintech and beyond. https://lnkd.in/g2_SadqB #Fintech #IPO #Growth #Innovation
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ME Country Manager @ Wildix :Global Alliance : Channel Partners : Digital Transformation: Mission Critical Applications Development : AI & Security
1wGreat update