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Chime rings the IPO bell

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Within the span of a few hours on Tuesday, eToro priced its IPO above its initial range and Chime filed an S-1, setting the stage for its own listing.
Chime, a leading digital banking platform, has officially filed for an initial public offering (IPO) on May 14, 2025, marking a significant milestone in the fintech industry. The company, known for its user-friendly mobile app and fee-free banking services, aims to raise up to $2 billion through the IPO, with shares expected to be listed on the Nasdaq under the ticker symbol "CHIM." Chime's decision to go public comes after years of rapid growth, with the company now serving over 20 million customers and processing more than $100 billion in annual transaction volume. The IPO is seen as a test of investor appetite for fintech companies amidst a challenging economic environment, but Chime's strong performance and loyal customer base position it well for a successful market debut.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/14/chime-rings-the-ipo-bell/ ]