Chime (IPO)
Funding Details
- Awarder
- RSS - techfundingnews.com
- Date Award
- June 08, 2025
- Vertical
- Fintech
- Funding URL
- View Funding Page
- Valuation
- $11,200,000,000
- Funding Amount:
- $800,000,000
Company Info
- Founding Year
- 2012
- Traction
- Chime serves over 18 million account holders and has posted $1.3B in revenue in 2023, increasing to $1.7B in 2024. The company has reduced its losses from $203M in 2023 to $25M in 2024.
- Revenue Amount
- $1,700,000,000
- Founders
- Chris Britt, Ryan King
- Company Description
- Chime is a US neo bank that delivers fee-free banking via its mobile app, targeting those often overlooked by legacy banks. The company aims to create a more inclusive and transparent banking experience for millions of Americans seeking alternatives to costly overdraft fees.
- Market
- Consumer Banking
- Location
- San Francisco, California, United States
- Coinvestors
- Cathay Innovation, DST Global, Access Industries, Crosslink Capital, General Atlantic, Menlo Ventures, Iconiq Capital