Important update: Chime is now a publicly traded company. It completed its IPO on June 13, 2025, listing on NASDAQ under the ticker CHYM at an offering price of $27 per share. The IPO raised roughly $770 million in net proceeds for the company and gave Chime an initial market capitalisation in the mid-teens of billions of dollars. As of mid-2026, the stock has traded between roughly $16 and $45, with the market still digesting the company’s path to sustainable profitability.
The original framing of this article – “when will Chime IPO?” – is no longer the right question. The relevant question now is whether investing in Chime stock (CHYM) makes sense for your portfolio. With around 9.1 million active members, an emerging payments-based revenue model, and the company having just delivered its first GAAP profitable quarter in Q1 2026, Chime is at an interesting inflection point as it transitions from a high-growth fintech disruptor into a (hopefully) consistently profitable consumer financial platform.
Throughout this article, we will look at the most important details relating to Chime so you can decide whether to invest in CHYM. We will cover the company background, revenue and growth metrics, active member base, valuation, key competitors, post-IPO performance, and how to buy Chime shares.
What does Chime do?
Founded in San Francisco in 2012 by Chris Britt and Ryan King, Chime is a fintech (financial technology) company that aims to provide banking services that are “helpful, easy and free”. Importantly, Chime is not a bank itself – it uses an app to connect customers with regulated US partner banks (notably The Bancorp Bank and Stride Bank) to provide FDIC-insured accounts and financial products at lower prices than traditional US legacy banks.
You will sometimes see Chime referred to as a neobank or challenger bank. Instead of charging overdraft fees, monthly service fees, or minimum balance requirements, Chime’s main source of revenue is interchange – a portion of the transaction fees that merchants pay when members use their Chime debit card. The company has also expanded its revenue mix in recent years through products such as MyPay (early access to wages) and platform-related services.
The Chime app currently offers a checking account, a high-yield savings account, a secured credit-builder card, the MyPay early-wage-access product, and the recently launched Chime Prime premium membership tier.
Chime Key Company Facts
| Founded | 2012 |
| Headquarters | San Francisco, California (US) |
| Sector | Finance |
| Industry | Fintech / Consumer Banking |
| Founders | Chris Britt and Ryan King |
| CEO | Chris Britt |
| Number of employees | ~1,800 (2026) |
| IPO Date | June 13, 2025 |
| Stock Ticker | NASDAQ: CHYM |
| IPO Price | $27 per share |
| Total pre-IPO funding | ~$2.6 billion USD |
| Active members | 10.2 million (Q1 2026) |
| 2025 Revenue | $2.2 billion (+31% YoY) |
| 2025 Net Income | $45 million |
| Market Cap | ~$6-7 billion (mid-2026) |
Chime Company Statistics
Below is a breakdown of some key figures, including Chime’s revenue, estimated value, and number of account holders.
Revenue for Chime
| Year | Revenue (USD) | YoY Growth |
| 2018 | $80 million | – |
| 2019 | $200 million | +150% |
| 2020 | $600 million | +200% |
| 2021 | $1.0 billion | +67% |
| 2022 | $1.28 billion | +28% |
| 2023 | $1.30 billion | +2% |
| 2024 | $1.67 billion | +29% |
| 2025 | $2.19 billion | +31% |
| 2026 (guidance) | $2.63-2.67 billion | +20-22% |
Source: Chime SEC filings (S-1, 10-Q, 10-K), Macrotrends, Sacra.
Number of Chime users and account holders
| Year | Total registered users | Active members |
| 2017 | 0.5 million | – |
| 2018 | 1 million | – |
| 2019 | 5 million | – |
| 2020 | 10 million | – |
| 2021 | 12 million | – |
| 2022 | ~21 million | ~6 million |
| 2023 | ~22 million | ~7 million |
| 2024 | ~22 million | ~8.2 million |
| 2025 | – | 9.5 million |
| Q1 2026 | – | 10.2 million |
Source: Chime SEC filings (S-1, 10-Q), Statista, Sacra. Note: from 2022 onwards, Chime began reporting active members (members who initiated money movement in the trailing 12 months) rather than total registered users. Active members is the metric the company uses in its current investor reporting, and is the relevant figure for evaluating Chime’s monetisable user base.
Estimated Chime valuation
| Year | Valuation (USD) | Event / Source |
| 2018 | $0.5 billion | Series C funding round |
| 2019 | $1.5 billion | Series D funding round |
| 2020 | $14.5 billion | Series F funding round |
| 2021 | $25 billion | Peak private valuation (Series G) |
| June 2025 | ~$11.6 billion | IPO at $27 per share |
| Mid-2026 | ~$6-7 billion | Public market capitalisation |
Source: TechCrunch, Forbes, Chime SEC filings, NASDAQ.
Chime’s competitors
Chime competes with both traditional US banks and a growing field of fintech challengers. Here are some of its most notable competitors:
- SoFi Technologies (NASDAQ: SOFI) – the closest US-listed publicly traded peer, also offering a full digital banking suite alongside lending and investing products.
- Cash App (within Block, NYSE: XYZ) – a major neobank-style competitor with strong penetration in Chime’s core demographic.
- Dave (NASDAQ: DAVE) – another US neobank focused on cash advances and low-income banking.
- Varo Money – the first US neobank to obtain a national bank charter, competing directly with Chime.
- Current – US digital bank targeting younger demographics.
- Robinhood Money / Robinhood Banking – Robinhood’s expansion into checking and high-yield savings.
- Capital One 360 – a major established online banking offering from a traditional US bank.
- Discover Bank – a long-established online-first US bank with no fees on most products.
- Ally Bank – one of the largest US online-only banks, popular for high-yield savings.
- Axos Financial – a US digital bank serving both retail and business customers.
European neobanks such as Revolut, N26, Monzo, and Wise are sometimes listed as Chime competitors, but they do not currently operate as full-service consumer banks in the US, so the direct competitive overlap is limited.
Who is Chime backed by?
Before going public in June 2025, Chime had raised approximately $2.6 billion in venture capital across multiple funding rounds. Major pre-IPO backers, per Crunchbase, included:
- DST Global – currently Chime’s largest individual shareholder, holding approximately 14% of the company.
- Sequoia Capital
- SoftBank Vision Fund
- General Atlantic
- Tiger Global Management
- Coatue Management
- Dragoneer Investment Group
- Whale Rock Capital Management
- ICONIQ Capital
- Crosslink Capital
Following the June 2025 IPO, Chime’s ownership has broadened significantly. As of early 2026, the company is roughly 56% owned by institutional shareholders, 33% by insiders (including co-founders Chris Britt and Ryan King via Class B shares), and 11% by retail investors. New post-IPO institutional buyers include Ranger Investment Management and Patient Capital Management, who opened substantial new positions citing Chime’s revenue growth and improving margins. Chime has also authorised a $200 million share repurchase program, which it expanded by an additional $200 million in Q1 2026.
How to invest and buy shares of Chime
Since Chime completed its IPO on June 13, 2025, you can freely buy CHYM shares through any broker offering access to NASDAQ. Interactive Brokers and eToro are two top-rated brokers where you can buy Chime stock with low fees. Take a look at both these brokerage options below:
1# Interactive Brokers
Interactive Brokers at a glance
Founded in 1978, the Interactive Brokers (IBKR) platform gives you access to over 150 market destinations in 33 countries and lets you trade virtually any asset class: stocks, bonds, ETFs, forex, funds, commodities, options, futures, CFDs, crypto futures, and even smaller micro-cap companies. IBKR is one of the lowest-cost brokers in the industry and is widely used by professional and active investors.
To buy Chime stock (CHYM) through Interactive Brokers:
- Open a trading account with Interactive Brokers and complete the verification process.
- Deposit funds into your account.
- Search for the ticker CHYM on NASDAQ in the platform’s instrument finder.
- Choose your order type (market, limit, stop, etc.) and the number of shares you want to buy.
- Submit the order and continue to monitor your position over time.
If you’d like to learn more about the IBKR platform, check out our full-length Interactive Brokers review.
2# eToro
eToro at a glance
Founded in 2007 in Israel and publicly listed on NASDAQ since May 2025, eToro now has over 40 million registered users across 75 countries. The platform is widely known for its social and copy trading features (CopyTrader™) and its ready-made thematic Smart Portfolios. It allows users to trade stocks, ETFs, options (in selected regions), forex, commodities, cryptocurrencies, and CFDs.
To buy Chime stock (CHYM) through eToro:
- Open an account with eToro – 52% of retail CFD accounts lose money.
- Head to the ‘Markets’ page and select ‘Stocks’.
- Search for CHYM and select ‘Trade’.
- Click ‘BUY’.
- Choose how much you want to invest in Chime, either as a dollar amount or as the number of shares.
- Ensure leverage is set to X1 if you want to hold the actual stock (rather than a CFD).
- Optionally set take-profit and stop-loss levels.
- Click ‘Open Trade’.
If you’d like to learn more about eToro, check out our in-depth eToro review.
Bottom line on investing in Chime stock
Chime’s IPO is no longer a future event – the company has been publicly listed on NASDAQ as CHYM since June 13, 2025. The relevant question for investors today is whether Chime stock makes sense as part of their portfolio at current prices.
The bull case is straightforward. Chime is now America’s largest digital bank by new checking account openings, with around 10.2 million active members as of Q1 2026 and less than 5% penetration in a US market of roughly 200 million adults. Revenue grew 31% in 2025 to $2.2 billion, the company has reached its first quarter of GAAP profitability in Q1 2026, and gross margins remain above 85%. Its proprietary ChimeCore payments processor reportedly gives Chime a cost-to-serve roughly one-third that of large banks, a structural advantage if it holds. The board has also authorised a $400 million share repurchase program, signalling confidence in the company’s cash generation.
The bear case is also clear. Chime serves a largely lower- and middle-income demographic, which means its revenue is sensitive to consumer spending patterns and unemployment cycles. Most of Chime’s revenue still comes from interchange fees, which are subject to regulatory pressure in the US and could face structural compression over time. Competition is intensifying from public peers such as SoFi, Cash App, and Dave, as well as from traditional banks closing the digital gap. And while the stock has fallen significantly from its 2021 peak private valuation of $25 billion, the current market cap of around $6-7 billion still requires continued execution to be justified.
For investors looking to participate in the long-term shift away from traditional US banking toward mobile-first, fee-light financial platforms, Chime is one of the cleanest pure-play options now available on the public markets. As always, do your own research, consider position sizing, and compare CHYM against listed peers such as SoFi, Block (Cash App), and Dave before committing capital.
Let us know in the comments below if you plan on investing in CHYM!
