DST Global Advisors Ltd. sold approximately 1.17 million Class A common shares of Chime Financial Inc. for roughly $38.6 million on August 26, 2026, according to regulatory filings.
The shares were priced between $33.00 and $33.56 each, with the transaction executed through multiple indirect limited partnerships, including DST Global VI, L.P. and DST Global VII, L.P. DST Global Advisors held a 10% stake in Chime and had a representative on the company’s board of directors.
Chime’s stock was trading near its 52-week high of $34.16 at the time of the sale, following a 50% gain over the prior six months. The fintech firm reported a 27% year-over-year increase in second-quarter revenue, alongside a 20% rise in active members to 10.4 million. Adjusted EBITDA margin expanded to 15%, prompting an upward revision to full-year guidance.
Analysts at Wolfe Research, Morgan Stanley and Goldman Sachs recently raised price targets for Chime, citing user growth and improved profitability. Wolfe Research set a $32 target, Morgan Stanley lifted its target to $33, and Goldman Sachs highlighted Chime among fintech companies with upward revisions to revenue and earnings per share estimates for Q2 2026.
The company also disclosed the departure of Chief Financial Officer Matthew Newcomb, while Bloomberg reported Chime is exploring stablecoin integration into its consumer banking platform.
