Close Menu
    Facebook LinkedIn YouTube Instagram X (Twitter)
    Blue Tech Wave Media
    Facebook LinkedIn YouTube Instagram X (Twitter)
    • Home
    • Leadership Alliance
    • Exclusives
    • Internet Governance
      • Regulation
      • Governance Bodies
      • Emerging Tech
    • IT Infrastructure
      • Networking
      • Cloud
      • Data Centres
    • Company Stories
      • Profiles
      • Startups
      • Tech Titans
      • Partner Content
    • Others
      • Fintech
        • Blockchain
        • Payments
        • Regulation
      • Tech Trends
        • AI
        • AR/VR
        • IoT
      • Video / Podcast
    Blue Tech Wave Media
    Home » Chime’s IPO tests wall street’s appetite for fintech
    Fintech

    Chime’s IPO tests wall street’s appetite for fintech

    By Ashley TangJune 12, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • Chime’s IPO, priced at $24–26 per share, is much lower than its 2021 valuation of $25B.
    • The outcome of this offering could affect other fintech companies planning to go public.

    What happened: Chime’s IPO faces market challenges

    Chime, the online banking service provider, is set to begin trading on the Nasdaq this Thursday. The company has priced its IPO between $24 and $26 per share. This would give the company a market value of about $9.1B, which is much lower than its previous $25B valuation in 2021. The fintech company’s last fundraising round came during a strong tech market, but that has since changed.

    Still, there is some hope around Chime’s IPO. Other fintech companies, like eToro and Circle, have recently made successful market debuts. However, there are concerns about companies like Chime, which mainly earn money from interchange fees on debit and credit card transactions. Their simpler business model might not stand out in the long run.

    Also read: Japanese chipmaker Kioxia plans Tokyo IPO to fuel growth
    Also read: Klarna’s IPO: A bold step toward U.S. market dominance

    Why it’s important

    Chime’s IPO is important for the wider fintech industry. If it succeeds or fails, it could impact other tech firms planning their own initial public offerings (IPOs). Many fintech companies, such as Klarna and Stripe, have delayed their public listings, but Chime’s decision to proceed could encourage others to do the same.

    For Chime, the goal is to raise capital and gain “acquisition currency” to expand by buying other companies. With a $30M marketing deal to put its logo on Dallas Mavericks’ jerseys, Chime wants to keep customers as it competes with larger fintech companies like PayPal and Square. But its business model, based on simple interchange fees, may make it harder for Chime to stand out in a crowded market.

    Chime IPO public offering Stock Market Tech news
    Ashley Tang

    Ashley is a community engagement specialist at BTW Media, having studied Global Journalism at the University of Sheffield. Contact her at a.tang@btw.media.

    Related Posts

    Eni and Khazna develop UAE data centre hub

    July 18, 2025

    Auto Draft

    July 18, 2025

    China-backed hackers intensify cyberattacks on Taiwan chipmakers

    July 18, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    CATEGORIES
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023

    Blue Tech Wave (BTW.Media) is a future-facing tech media brand delivering sharp insights, trendspotting, and bold storytelling across digital, social, and video. We translate complexity into clarity—so you’re always ahead of the curve.

    BTW
    • About BTW
    • Contact Us
    • Join Our Team
    TERMS
    • Privacy Policy
    • Cookie Policy
    • Terms of Use
    Facebook X (Twitter) Instagram YouTube LinkedIn

    Type above and press Enter to search. Press Esc to cancel.