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FinTech Roundup: Chime’s IPO, Funding Rounds and Acquisitions Cap a Busy Week

  • May has been a busy month for FinTech with high-profile IPOs, acquisitions, and funding rounds.
  • Chime filed its IPO documents with the SEC, estimating a $86 billion annual revenue opportunity for digital financial services.
  • eToro debuted on Nasdaq, raising over $300 million and experiencing a 29% surge on its first trading day.
  • Acquisitions included DAT Freight & Analytics acquiring FinTech Outgo and SavvyMoney acquiring CreditSnap.

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