Chime priced its IPO at USD 27 per share, valuing it at USD 11.6 billion. Its stock surged as high as 59% on its debut.
Some analysts said that Chime's IPO could reignite Fintech investment following strong debut from Circle. However others caution that Chime's reliance on interchange fees and regulatory risks could pose challenges in the long run.
Whether this IPO is just a flash of excitement or the spark that reignites Fintech's growth, one thing is clear - the financial landscape is evolving and investors are paying attention.
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- Kristina_Β·06-16TOPFintechβs heating up again and Iβm here for it π₯ Chimeβs IPO pop shows the marketβs hungry for disruption. Curious to see if it can scale like the big tech names did. Definitely keeping it on my watchlist! πΈπ±1Report
- zumaΒ·06-16thx1Report
- Hi is mdΒ·06-15Great article, would you like to share it?1Report
