-
Posted by
Two Blokes May 15 -
Filed in
Stock
-
1 view
Chime Financial, Inc. aims to raise expansion capital via a U.S. IPO. The company targets sub-$100K-income-per-year Americans with a mobile-first platform, and counts 8.6 million active members and a 67% unit margin on transaction processing. Chime faces risks from reliance on two banking partners and intense competition, but benefits from brand recognition and a large, growing addressable market.
