Chime, a fintech firm that offers banking services through its app, including checking and savings accounts, has selected Morgan Stanley to lead its initial public offering (IPO) planned for 2025, according to unnamed sources reported by Bloomberg. Chime, previously valued at $25 billion in 2021, has made significant moves, including the acquisition of Salt Labs, an employee rewards platform, in 2024. The IPO preparation marks another step in Chime’s journey toward becoming a publicly traded company after exploring a possible IPO with Goldman Sachs in 2022.
Fintech Company Chime Taps Morgan Stanley to Handle IPO in 2025
