ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/chime-financial” target=”_blank”>Chime Financial made a strong debut on the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/markets/nasdaq”>Nasdaq, as investor enthusiasm for the much-awaited listing lifted the stock. The counter rallied 37% on its first day after raising $864 million through the IPO.
The ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/digital-banking-startup” target=”_blank”>digital banking startup set a price of $27 for its shares at open, slightly above the earlier announced range of $24 to $26. They rose as much as 66% to $43, before closing at $37.11 apiece.
For founders Ryan King and Chris Britt, the successful listing was the culmination of a long and difficult journey, one that saw the company almost go under…
