Chime Financial Inc., a financial technology startup mulling a potential initial public offering, has recruited at least 10 lawyers to its in-house ranks this year.
The privately held San Francisco-based company saw its valuation hit $14.5 billion last September to briefly surpass fintech darling Robinhood Markets Inc., now preparing for its own stock market debut. At the time, Chime co-founder and CEO Chris Britt told CNBC that his company would be “IPO ready” in 12 months but cautioned that Chime wasn’t locked into such a timetable.
Chime most recently saw California’s financial services regulator prohibit the company from calling ...
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