Chime IPO

chimebank.com | FinTech | Founded: 2013 | Funding to Date: $1.48B

Chime was founded in 2013 by Chris Britt and Ryan King. The company has not officially endorsed a plan to participate in an IPO.

Chime operates a fully mobile platform for banking services, providing many of the services of traditional banks without the need for branches or physical locations. Chime has raised nearly $1 billion in Venture Capital funding from investors including Access Technology Ventures, Coatue Management, Dragoneer Investment Group, DST Global, General Atlantic, ICONIQ Capital, Menlo Ventures, Access Technology Ventures, Northwestern Mutual Future Ventures, Crosslink Capital, and Forerunner Ventures. Per SEC filings, Chime last raised $700 million in March 2020 at a post-money valuation of approximately $6 billion.

Date of Last Funding Round November 2019
Value at Last Round $5.82 B
Amount of Last Raise $500 MM
Total Funding to Date $793.15 MM

ENTERPRISE VALUE (based on primary fundings)

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NEWS

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