Chime almost died in 2016, turned down by 100 VCs. Today it IPO’d at $14.5B.
In 2016 when Chime desperately needed cash, over 100 VCs said no. One seed VC, took a chance and saved the company, co-founder Ryan King recalls.
Omada Health IPO signals healthier market, avoids ‘down-round’ trend
Omada Health popped in its first day as a public company, validation for founder CEO Sean Duffy.
Circle IPO soars, giving hope to more startups waiting to go public
The USDC stablecoin issuer ended its first trading day at a 167% jump from its $31 IPO price.
Chime, last valued at $25B, aims for $11B in upcoming IPO
Chime, whose pending IPO is expected to be one of 2025’s blockbuster hits, issued a share price range on Monday of $24 to $26. That a market cap of up to $11.2 billion. At the midrange, the company will raise $800 million for itself and a handful…
Hinge Health pops 17%, but joins growing ranks of down-round IPOs
Hinge Health, a digital physical therapy company, closed its first day of trading on the New York Stock Exchange on Thursday at $37.56, up about 17% over the $32 IPO price it set the previous day. That’s a good first-day result. But even with the pop, …
Monzo’s pivot from cool to corporate: ‘freshness is not about gimmicks’
Monzo, Britain’s biggest digital bank, is still synonymous with its neon debit cards, extensive use of emojis, and free spending abroad. But it’s no longer just trying to be cool; it’s trying to become a major financial institution. That shift, f…
Klarna’s revenue per employee soars to nearly $1 million thanks to AI efficiency push
Last year, Klarna announced a significant initiative to leverage its internally developed AI systems, powered by OpenAI, across its operations. This wasn’t empty talk for the buy now, pay later giant. The company not only ended its pricey contrac…
$25B-valued Chime files for an IPO, reveals $33M deal with Dallas Mavericks
At long last, digital consumer bank Chime has moved forward with its IPO by filing its S-1 paperwork Tuesday. Chime had reportedly filed confidential S-1 paperwork back in December. S-1 filings typically reveal all kinds of information, covering financ…