Digital banking startup Chime, shareholders aim to raise $832 million in US IPO

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Chime is a well-known digital banking startup that has gained significant attention over the years. While I can’t provide real-time data updates or specific fundraising amounts, here’s a general overview based on publicly available information as of my last update:

Key Information about Chime

  • Founders: Chris Britt and Ryan King
  • Founded: 2013

Funding Rounds

  1. Seed Round:

    • Date: 2013
    • Amount: ~$2 million
    • Investors: Notable early investors may include unspecified angel investors.

  2. Series A:

    • Date: 2019
    • Amount: $12 million
    • Investors: Coatue Management, Insight Partners.

  3. Series B:

    • Date: 2020
    • Amount: $70 million
    • Investors: Tiger Global Management, others.
  4. Series C:
    • Date: 2021
    • Amount: $750 million
    • Investors: Sequoia Capital, NEA, others.

IPO Plans

  • Expected IPO Amount: $832 million (as per the latest reports)
  • Timing: Speculation around 2023 for public offering, but the exact date would depend on market conditions and company readiness.

Shareholders

The major stakeholders typically include venture capital firms like Sequoia Capital, Tiger Global Management, and Coatu Management, but the complete list of shareholders would include a mix of institutional investors, early angel investors, and potentially individual shareholders.

Additional Information

Chime focuses on providing no-fee banking services, a debit card, and a mobile app that helps users manage their finances effectively.

For up-to-date information, it’s best to consult financial news sources, Chime’s official announcements, or recent IPO filings with the SEC.

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2025-06-02 10:12:00