Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Chime, whose introduction to the pending scholarship should be one of the successful success of 2025, issuing A range of action courses on Monday $ 24 to $ 26.
That a market capitalization of up to $ 11.2 billion. In the mid-range, the company will collect $ 800 million for itself and a handful of investors, including the European innovation of VC Cathay, which plans to sell shares of the IPO.
Even in these times of slow grant Introduction, it would not be the largest IPO of 2025. Coreweave, which raised $ 1.5 billion And was estimated at $ 23 billion, holds this title. This, even if Coreweave hoped much more from its IPO.
However, the IPO of Chime is to be monitored since the company indicates rapid growth in income and a drop in expenses. It brought in $ 1.3 billion in revenue in 2023 and $ 1.7 billion in 2024 – and has already reserved more than $ 518 million in the first quarter of 2025. The losses increased from $ 203 million in 2023 to $ 25 million in 2024.
The only black eye for the chime is that its latest known private assessment was $ 25 billion, according to Pitchbook estimates, much higher than this objective. But that doesn’t mean much. If investors are hot for this stock, it will assess its IPO above the target beach. And if retail investors want it during its first day of negotiation, its valuation will appear from there.
And there is at least a strong indication that the initiates think that it will do: even with the thirst for liquidity in Venture these days, apart from Cathay, Chime’s biggest shareholders are notAt this point, selling, according to his Last deposit. We will see if another file reveals more initiate sales. But the other major investors who hold their challenges include the overall DST of billionaire Yuri Milner, Crosslink Capital of Michael Stark and the access industries of the billionaire Len Blavatnik, as well as the general companies of VC Atlantic, Menlo Ventures (led by the member of the Shawn Carolian board of directors) and Iconiq, according to documents.
The IPO should currently occur during the week of June 9.
