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As predict , ServiceTitan ’s wildlysuccessful initial public offering is beckoning other fintechsto move forward on their own public debuts . Digital bank Chime has filed its secret paperwork with the SEC , Bloomberg reports . It ’s been prepping for this moment since it hired banker Morgan Stanley in September , with an eye to IPO in 2025 .
The IPO wo n’t really be channelize for reality until that paperwork becomes public and institutional investors agree to buy in at a damage that Chime wants . That could be a tall society . Chime was last prize at $ 25 billion when itraised $ 1 billionin the height of the valuation frenzy of 2021 , and has raised $ 2.65 billion total , PitchBook estimates . Its investors include Forerunner Ventures , Menlo Ventures , Crosslink Capital , Sequoia , SoftBank , Tiger Global , and many others .
Chime declined to gloss .
