Chime (IPO)
Funding Details
Awarder
Inbox
Date Award
June 14, 2025
Vertical
Fintech
Premoney Valuation
$9,800,000,000
Valuation
$14,500,000,000
Funding Amount
$864,000,000
Company Info
Founding Year
2012
Traction
Chime reported $1.3 billion in revenue in 2023 and $1.7 billion in 2024, with losses shrinking significantly. It became profitable in Q1 2025 with $13 million of net income.
Revenue Amount
$1,300,000,000
Founders
Ryan King, Chris Britt
Market
Online banking for the working class
Location
USA
Company Description

Chime is a neobank that offers an online banking experience aimed at the working class, providing services that are free for users and generating revenue through interchange fees. It does not charge overdraft fees and offers credit-building tools.

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