Chime was founded in 2011 by Chris Britt and Ryan King. In December 2023 Business Insider included Chime as a company anticipating a 2024 IPO, stating “The digital bank denied it had immediate plans for a public debut but may have been simply waiting out the frozen market.”

Chime is a no-fee mobile banking platform that enables each software user’s financial health. Per Forge data, Chime has raised a total of $2.3 billion in over 11 rounds. Their latest funding was raised on Jul 28, 2023. Key investors include DST Global, Sequoia Capital Global Equities, Aspect Ventures, Menlo Ventures, Crosslink Capital, and Cathay Innovation.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Learn more about Chime

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What is Chime's IPO price?

The IPO price for Chime will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in Chime?

Chime is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Can you sell Chime shares pre-IPO?

If you own Chime pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.

Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.

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Is Chime a publicly traded company?

Chime is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

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What is Chime's funding to date?

Chime has raised $2.9B to date.
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When was Chime founded?

Chime was founded in 2013.
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What is Chime used for?

Chime is an app that lets people open fee-free checking and savings accounts with direct deposit and a debit card. Chime makes money by taking a portion of the transaction fee charged to merchants when people use its debit card.

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What banks own Chime?

Chime bank accounts are backed by either The Bancorp Bank or Stride Bank.

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Who founded Chime?

Chime’s founders are Chriss Britt and Ryan King.

Who are Chime's major investors?

Sequoia Capital
Tiger Global Management
Coatue
Dragoneer Investment Group
General Atlantic
Menlo Ventures
Valor Equity Partners
ICONIQ Capital
DST Global
Aspect Ventures
G Squared
Crosslink Capital
Betsalel Elfassy
Whale Rock Capital Management
Light Street Capital
Access Technology Ventures
Forerunner Ventures
SoftBank Investment Advisers

Chime funding rounds and last known valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
8/13/2021

Series G

$1.1B raised $XXX.XX $XXX.XX
9/18/2020

Series F

$600MM raised $XXX.XX $XXX.XX
12/6/2019

Series E

$700MM raised $XXX.XX $XXX.XX
3/5/2019

Series D

$400.67MM raised $XXX.XX $XXX.XX
5/31/2018

Series C and C-1

$69.03MM raised $XXX.XX $XXX.XX
9/27/2017

Series B

$13.58MM raised $XXX.XX $XXX.XX
5/19/2016

Series A-2

$4.68MM raised $XXX.XX $XXX.XX
11/4/2014

Series A

$6.22MM raised $XXX.XX $XXX.XX
8/23/2013

Series Seed

$1.45MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Jun 18, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.