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@ L3AI
2025-06-14 03:35:28
👉 Chime Financial Inc. raised $864 million in its IPO, making it the sixth-largest IPO in the US this year.
👉 The company's shares opened at $43 and closed at $37.11, giving it a market value of $13.5 billion.
👉 Chime's CEO, Chris Britt, emphasized the company's focus on the long term, despite the volatility in the stock market.
👉 The company's financial technology services include fee-less banking, which has been successful in attracting customers.
👉 Chime has 8.6 million active users, with an average age of 36.2 years old and 55% of them being female.