Overview

• Chime Financial formally filed for a Nasdaq IPO under the ticker symbol CHYM, marking a significant step in its public market debut.
• The company positions itself as a technology platform, not a bank, and generates revenue through interchange fees on debit and credit card transactions.
• Chime reported 8.6 million active members as of March 2025, a 23% year-over-year increase, with average revenue per active member rising to $251.
• In Q1 2025, Chime achieved $518.7 million in revenue, a 32% increase year-over-year, and reported $12.4 million in net income.
• The IPO comes as fintech companies test market conditions following delays caused by geopolitical tensions and economic uncertainty.