Chime, a digital banking platform, plans to go public in 2025 through an Initial Public Offering (IPO). An IPO is a process by which a private company offers its shares to the public for the first time. Chime’s IPO is expected to be one of the largest financial technology IPOs in history.
Chime has grown rapidly in recent years, thanks to its focus on mobile banking and its low-fee structure. The company has over 12 million customers and is valued at over $25 billion. Chime’s IPO will allow it to raise capital to continue its growth and expand into new markets.
