Neobank Chime files for a Nasdaq IPO under CHYM, reporting active members up 23% YoY to 8.6M at the end of March 2025 and $251 average revenue per active member

Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file under the ticker symbol “CHYM.”

CNBC 2025-05-14

@pitdesi Sheel Mohnot on x
VC's who own >5% DST, Crosslink, Access Industries (Russian billionaire Len Blavatnik), General Atlantic, Menlo, Cathay Innovation, and Iconiq [image]
@aleximm Alex Immerman on x
Lot of consumer fintech products look the same. Building a large co. requires unique distribution. Since '22, over half of new @Chime members came via organic and user-driven channels (word-of-mouth, referral, peer-to-peer). Big congrats. $2b+ revenue growing 30%+ is no joke!
@sytaylor Simon Taylor on x
Chime S-1 by the numbers 👇 Members • 8.6 M active (+82 % since 2022) • 67 % direct deposif their paycheck Engagement • $121 B purchase volume 2024 • 54 tx / member / month • 70 % spend = bills & groceries Unit economics • ARPAM $251 ≈ $21 / user / month • 88 % gross [image]
@ericjackson Eric Jackson on x
Chime IPO filed [image]
@heysamir_ Samir on x
For all the folks watching this stock market and wondering if (Chime) dreams can come true, just know that if Chime files its IPO docs publicly by tomorrow they can IPO by end of month without having to update their S1 for Q1 financials. [image]
@pitdesi Sheel Mohnot on x
Chime filed their S-1 They are on pace for >$2B in revenue this year, close to profitability. 8.6M Active members, 67% of them use it as primary account. They make $251 per active member, with an 88% gross margin. [image]

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