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The Chime IPO: what would-be investors should know about its $31 a share private market valuation and more

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  Chime reported losses in 2024 but posted a profit in Q1.

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Chime, a leading digital banking platform, is reportedly preparing for an initial public offering (IPO) that could value the company at over $20 billion, according to sources familiar with the matter. The IPO is expected to be one of the largest in the fintech sector this year, with major investors such as Sequoia Capital and General Atlantic likely to benefit significantly. Chime's success is attributed to its user-friendly app and no-fee banking services, which have attracted millions of customers. The company's IPO plans come amidst a broader trend of fintech companies going public, with competitors like Circle and Goldman Sachs also exploring similar moves. Additionally, Chime's potential IPO is seen as a positive signal for the crypto market, as the company has been expanding its services to include cryptocurrency transactions.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/30/chime-ipo-circle-goldman-sachs-sequoia-capital-general-atlantic-crypto/ ]


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