Chime, a consumer financial technology company, completed its initial public offering on June 13, 2025, raising proceeds from the sale of 25.9 million shares of Class A common stock at $27.00 per share. An additional 6.1 million shares were sold by existing stockholders. Underwriters were granted a 30-day option to purchase up to 4.8 million additional shares. Shares began trading on the Nasdaq Global Select Market on June 12 under the ticker symbol “CHYM.” The IPO priced above the expected range of $24.00 to $26.00, reflecting strong investor interest.
Morgan Stanley, Goldman Sachs & Co. LLC, and J.P. Morgan served as lead bookrunning managers. Barclays, Evercore ISI, UBS Investment Bank, Deutsche Bank Securities, Piper Sandler, and Wolfe Nomura Alliance acted as bookrunners, with additional co-managers participating. Chime, which now serves over 8.6 million active members, was founded to offer fee-free, accessible financial services. Speaking at the Nasdaq bell-ringing ceremony, CEO Chris Britt emphasized the company’s goal to “build a truly generational company to serve millions of consumers.”
