Chime takes major step toward 2025 IPO with confidential SEC filing ๐๐; More FinTech consolidation? dLocal is exploring strategic sale ๐ณ๐ธ
FinTech is Eating the World, 19 December
Hey Everyone,
Good morning & happy Friday! Todayโs issue is really interesting as weโre going to look at Chime which just did a confidential SEC filing for a 2025 IPO (quick recap of Chimeโs biz model and latest numbers, why it matters & whatโs next for FinTech + bonus read with some IPO resources inside), and growing market consolidation as dLocal is exploring strategic sale (what itโs all about & whatโs next + bonus dive into dLocal & their latest financials). Letโs jump straight into the intriguing stuff ๐ถ๏ธ
Chime takes major step toward 2025 IPO with confidential SEC filing ๐๐
The news ๐๏ธ Digital banking challenger Chime Financial has confidentially submitted its initial public offering (IPO) paperwork to the Securities and Exchange Commission (SEC), marking a significant milestone in its journey toward becoming a public company.
The San Francisco-based FinTech aims to go public in 2025, though specific timing remains subject to market conditions and other factors.
Letโs take a look at this.