With Fintech Stocks Down 40%, Chime Delays Its IPO
By Jeff Kauflin, Digital bank Chime is delaying its initial public offering until the second half of this year, likely until the fourth quarter, according to a person familiar with the matter. Last fall, Forbes reported that Chime had been targeting March 2022 to go public at a valuation between $35 billion and $45 billion. Chime has pushed[…]