Chime adds $485M at a $14.5B valuation, claims EBITDA profitability
In the midst of IPO week we have to add another name to our future debuts list, namely Chime, which announced a huge new round of capital today. The $485 million Series F values the consumer fintech giant at $14.5 billion, a huge figure given that Chimewas most recently worth $5.8 billion after raising $700 million last December.
Even more stark is the company’s $1.5 billion valuation set in early 2019. From $1.5 billion to $14.5 billion in less than two years is quite a run for any startu
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