US-based fintech firm Chime has launched its initial public offering (IPO), offering 32 million shares of its Class A common stock. Of these, Chime is selling 25.9 million shares, while certain existing stockholders are offering approximately 6.

Online bank Chime plans to raise up to $832 million in its initial public offering later this week, following the successful debut of fintech broker eToro in May.

There's at least one strong indication that Chime insiders think this will be a blockbuster IPO, despite a modest price range.