Wednesday, 14 May, 2025

Chime Files for IPO at $25B Valuation, Discloses $33M Dallas Mavericks Sponsorship

Digital banking platform Chime has filed for a U.S. IPO, targeting a $25 billion valuation. The filing reveals a $33 million sponsorship deal with the Dallas Mavericks from 2022 to 2024, during which Chime's logo appeared on team jerseys. In 2024, Chime reported $1.67 billion in revenue and reduced net losses to $25 million. The IPO is underwritten by Morgan Stanley, Goldman Sachs, and JPMorgan.