Chime Files Confidential Paperwork for Planned 2025 IPO

The digital banking company, last valued at $25 billion, aims to go public as IPO market shows signs of revival.

Chime Financial Inc., a fintech company offering no-fee digital banking services, has submitted a confidential IPO filing with the SEC.
The company plans to go public in 2025, although the timing is not finalized and could change, according to reports.
Chime was last valued at $25 billion during a 2021 funding round and has raised $2.65 billion in total from major investors like Sequoia, SoftBank, and Tiger Global.
Founded in 2013, Chime serves approximately 7 million active users with offerings such as checking accounts, high-yield savings, and early paycheck access.
The IPO follows Chime’s hiring of Morgan Stanley as lead underwriter and comes as the broader IPO market shows renewed optimism heading into 2025.