FinTech company Chime debuted on the Nasdaq (CHYM) at $27 per share, exceeding expectations and resulting in an $11.6 billion valuation. This follows other successful FinTech IPOs, like Circle's 168% first-day gain. Chime offered 25.9 million shares, with underwriters holding an option for 4.8 million more. The company boasts 8.6 million active members and $1.3 billion in payments revenue, suggesting strong market interest in digital-only banking.

Prepared by Christopher Adams and reviewed by editorial team.