From Yahoo Finance: 2025-06-12 07:04:00

Chime is set to debut on the Nasdaq after raising $864 million in its IPO. Investors are eager to see if the digital bank will continue the trend of explosive first-day gains for new listings. The IPO could influence other fintech companies, with Chime selling 32 million shares at $27 each, giving it a valuation of $11.6 billion. Major backers include DST Global and General Atlantic. Digital banks like Chime have grown by offering low-cost, mobile-first financial services. Market interest is picking up for IPOs, but uncertainty remains due to trade negotiations. Other companies in the IPO pipeline include Gemini, Klarna, Cerebras, and Medline.



Read more at Yahoo Finance: Chime set for long-awaited market debut after $864 million US IPO