5 Hottest Upcoming IPOs to Watch in 2022

In this article, we will look at the 5 hottest upcoming IPOs to watch in 2022. If you want to explore similar companies that have promising track records and the potential to go public successfully, you can also read 10 Hottest Upcoming IPOs to Watch in 2022.

5. Chime

Potential IPO Valuation: $25 Billion

Expected Date of IPO: Second Half of 2022

Chime is an American fintech company that provides fee-free mobile banking services. Chime does not charge monthly or overdraft fees, and also does not have traditional banking requirements such as an opening deposit or minimum balance to open a free checking account. The company was founded by Chris Britt and Ryan King in 2012 and is headquartered in San Francisco, California.

Chime has been seeking strategic M&A to grow its operations. In 2018, Chime acquired Pinch, a company that provides services for people to enhance their credit scores by timely reporting of rent payments to credit bureaus. In August 2021, Chime acquired Charlie Finance, a financial services start-up that helps individuals track and manage their debt.

Chime is among the hottest upcoming IPOs in 2022. The company had a successful funding round in August 2021 and raised $750 million, bringing its valuation to $25 billion. The company was expected to IPO in the first quarter of 2022. However, Chime delayed its plans to IPO and said that it will have a public debut in the second half of 2022 as the company is working on adding new features related to lending and investing to its platform.