Chime Prices IPO Above Expected Range at $27 Per Share

Chime priced its IPO at $27 per share, surpassing its expected range and valuing the fintech company at $11.6 billion ahead of its Nasdaq debut. This significant valuation reflects investor confidence in Chime’s business model and growth potential. The company is known for its innovative approach in the financial technology sector, offering services that appeal to a broad customer base. With this successful IPO pricing, Chime positions itself as a major player in the financial services industry. — new from MarketWatch

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