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 know-how IPOs in historical past.
Chime has grown quickly lately, 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 lift capital to proceed its progress and develop into new markets.
