Chime Targets $11.2B Valuation in Upcoming IPO Amid Fintech Market Revival

Chime, the San Francisco-based fintech firm, is poised for a landmark IPO with a targeted valuation of up to $11.2 billion. The company plans to raise $832 million by selling 32 million shares priced between $24 and $26 each. This MOVE signals a potential resurgence in the fintech sector, which has weathered post-pandemic volatility and rising interest rates.

The U.S. IPO market shows tentative signs of recovery in 2025, with recent offerings like eToro meeting positive investor reception. Chime’s public debut serves as a litmus test for fintech’s ability to regain momentum after the sector’s pandemic-driven boom faded amid macroeconomic headwinds.

Digital banking startups face a transformed landscape. Where once unlimited venture capital flowed freely, companies must now demonstrate sustainable models to public market investors. Chime’s performance will offer crucial insights into whether fintech can transition from growth-at-all-costs to profitable maturity.