Twelve years after launching with a mission to upend traditional banking, Chime is making its public market debut in a blockbuster IPO that values the fintech giant at over $18 billion. A dozen years after its launch,

In 2016 when Chime desperately needed cash, over 100 VCs said no. One seed VC took a chance and saved the company, co-founder Ryan King recalls.

Chime Financial Inc. jumped as much as 66% in its trading debut after raising $864 million in an initial public offering priced above the marketed range.