Fintech Companies That Could Launch IPOs in 2025
After years of delays, 2025 may be the year fintech companies return to the public market. Here are the top names to watch.
Fintech IPOs May Finally Return in 2025
After a long pause, fintech companies may finally be heading back to the public markets in 2025. Investment firm F-Prime Capital recently shared an optimistic outlook, noting that the fintech IPO drought may be ending. The firm includes both traditional financial technology and crypto-focused companies in its analysis.
While it’s uncertain which firms will ultimately go public, several have already filed paperwork or taken clear steps toward an IPO. Here’s a closer look at the key fintech players to watch this year.
Klarna: Moving Toward a U.S. IPO
Swedish fintech leader Klarna filed a draft registration with the U.S. Securities and Exchange Commission (SEC) in November. In March, it publicly released its F-1 prospectus. The company is reportedly targeting a $15 billion valuation and hopes to raise over $1 billion.
Despite briefly pausing plans due to trade concerns, Klarna remains a strong candidate. It was once valued at $45.6 billion and has raised over $4.5 billion since launching in 2005. In 2024, Klarna posted a net income of $21 million—an impressive figure in a space where many peers remain unprofitable.
Circle: Officially Going Public
New York-based fintech firm Circle formally launched its IPO on May 27. Known for using stablecoins in payments and e-commerce, Circle will be listed on the New York Stock Exchange under the ticker symbol CRCL.
The company aims to raise $624 million by selling 24 million shares at a price range of $24 to $26, which would give it a valuation of nearly $6 billion. Founded in 2013, Circle has raised about $1.1 billion and was last valued at $9 billion. Its reserves exceed $50 billion, and it’s on track to generate $2 billion in revenue.
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Chime: Digital Banking IPO in Progress
Chime, a popular digital banking platform, filed for its IPO in mid-May. Based in San Francisco and launched in 2012, Chime has raised over $2 billion. Investors include Menlo Ventures, Forerunner, and Iconiq Growth.
Chime is not yet profitable, posting a $25 million loss in 2024 on $1.67 billion in revenue. However, this is a significant improvement from 2023’s $203 million loss. The company plans to offer 32 million shares at $24–$26 each, which could raise up to $832 million and value it around $11.2 billion. It will trade on Nasdaq under the ticker CHYM.
Stripe: The Most Anticipated Fintech IPO
No fintech IPO is more anticipated than that of Stripe. With dual headquarters in San Francisco and Ireland, Stripe is the world’s most valuable fintech, boasting a $91.5 billion valuation as of a February tender offer.
Despite speculation, Stripe has stayed private, offering liquidity through secondary sales instead of going public. The company handled over $1.4 trillion in payment volume in 2024 and reportedly surpassed $16 billion in 2023 revenue. Since 2010, Stripe has raised more than $9 billion from top-tier investors. Whether 2025 is the year it finally goes public remains uncertain—but interest remains high.
Slide Insurance: A Fintech in the Insurtech Niche
Florida-based Slide Insurance filed to go public in May and will trade on Nasdaq under the symbol SLDE. While no share price has been announced, the company could raise up to $300 million in its IPO.
Slide was founded in 2021 and has raised $770 million—primarily through debt financing and a $100 million Series A led by local investors. It represents the growing insurtech arm of the fintech sector.
Could Fintech IPOs Restart Startup Funding?
Funding for fintech startups dropped significantly from the 2021 peak when global investment in the space reached $127.7 billion. By comparison, just $36 billion was raised in all of 2024. As of May 30, fintech companies have secured $18.3 billion in 2025.
If IPOs from Klarna, Circle, Chime, and others go well, they could restore investor confidence and unlock fresh capital for the fintech sector.