Chime priced its US IPO at $27 a share, above the expected range, raising ~$700M and another $165M from shares sold by investors, valuing the company at $11.6B (MacKenzie Sigalos/CNBC)

MacKenzie Sigalos / CNBC:

Chime priced its US IPO at $27 a share, above the expected range, raising ~$700M and another $165M from shares sold by investors, valuing the company at $11.6B  —  Chime priced its IPO at $27 per share on Wednesday, above the expected range, in an offering that values the provider of online banking services at $11.6 billion