Chime, a mobile banking group, has filed for a US initial public offering (IPO) on the Nasdaq, signaling a revival in financial markets as Donald Trump moderates his tariff policies. The company’s revenue surged 30% year-on-year to $1.67 billion in 2024, with a reduced net loss of $25 million. Chime’s offering could influence other tech IPOs, such as eToro’s recent roadshow aiming to raise $500 million, amid an overall US IPO market that has been subdued due to prior market volatility and high interest rates.
