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Posted by
Two Blokes Jun 12 -
Filed in
Stock
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10 views
Chime Financial, Inc.'s IPO was met with huge enthusiasm, surging 50% on debut, but the $11.6B+ valuation is aggressive for a barely profitable fintech. Chime excels in targeting underserved Americans, boasts strong revenue growth, high margins, and a sticky, referral-driven user base. Key risks include high first-year user churn, rising transaction losses, and heavy dependence on partner banks and regulatory stability.
