16 Articles
16 Articles
Digital banking startup Chime pops on IPO debut, raises $700M at $11.6B valuation - Tech Startups
Chime opened strong on the Nasdaq Thursday, popping to $43 after pricing its shares at $27. The digital banking startup raised around $700 million in its IPO, with early backers cashing out another $165 million. The stock is trading under […] The post Digital banking startup Chime pops on IPO debut, raises $700M at $11.6B valuation first appeared on Tech Startups.
Chime’s cofounder on the company’s IPO: ‘We’re just getting started’
A dozen years after its launch, fintech company Chime rang the bell this morning at the Nasdaq MarketSite in Times Square to celebrate its initial public offering. One of the most anticipated IPOs of the year, Chime is seemingly already basking in listing-day glory. After announcing that shares would hit the exchanges at a price of $27, investors were champing at the bit, and shares opened much higher, at around $43. That gave the company a valu…
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