Digital bank Chime set to open above IPO price in Nasdaq debut

Chime Financial

12/06/2025 16:27

** Digital banking startup Chime Financial CHYM.O set to open 55.6% above IPO price in their Nasdaq debut on Thursday

** Stock recently indicated to open at $42 vs $27 IPO price, giving it a potential fully-diluted valuation of $18 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

** A robust debut for Chime would add 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

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))