Digital bank Chime opens 59% above IPO price in Nasdaq debut

ReutersJun 12, 2025 5:04 PM

Shares of digital banking startup Chime Financial CHYM.O open 59.3% above IPO price in their Nasdaq debut on Thursday

Stock opens at $43 vs $27 IPO price, giving it a fully-diluted valuation of $18.4 billion

San Francisco, California-based Chime, along with some of its investors, sold 32 million shares to raise $864 million

Chime raised $750 million in a 2021 funding round at a $25 billion valuation

Debut adds to the recent streak of stunning first-day gains for new listings

Space tech firm Voyager's VOYG.N shares more than doubled on their debut on Wednesday

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