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.
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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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.
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.
Chime bank accounts are backed by either The Bancorp Bank or Stride Bank.
Chime’s founders are Chriss Britt and Ryan King.
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 |