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$25 billion valuation Chime takes another step toward an IPO


Digital bank Chime has reportedly filed its confidential IPO paperwork with the SEC, with an eye toward a 2025 debut.

As predicted, ServiceTitan’s wildly successful IPO is beckoning other fintechs to move forward on their own public debuts. It’s been prepping for this moment since it hired banker Morgan Stanley in September, with an eye to IPO in 2025. The IPO won’t really be headed for reality until that paperwork becomes public and institutional investors agree to buy in at a price that Chime wants.

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