Chime Financial Targets Public Listing in US in 2025

  • Fintech was valued at $25 billion in 2021 as tech boomed
  • Company has taken aim at banks by offering fee-free services

Chime has been a closely watched IPO candidate for a few years.

Photographer: Rafael Henrique/SOPA Images/LightRocket/Getty Images

Chime Financial Inc., a fintech firm taking aim at the bigger banks by offering fee-free services, is planning to list the company in the US next year, according to a person familiar with the matter.

Chime is yet to engage banks on the expected initial public offering, the person said, asking not to be identified discussing private information. A representative for the company declined to comment.