Chime raises $864m in IPO, valuing fintech at $11.6bn

  • Chime, the US-based financial technology company, has raised $864 million in its initial public offering after pricing shares at $27, above its marketed range of $24 to $26. The IPO gives Chime a valuation of around $11.6 billion on a fully diluted basis and is one of the largest US fintech listings in recent years.