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.

Chime Financial Inc. rose 37% in its trading debut after pricing its shares above the marketed range to raise raising $864 million in the year’s sixth-biggest US initial public offering.Most Read from BloombergShuttered NY College Has Alumni Fighting Over Its FutureTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryNYC Renters Brace for Price Hikes After Broker-Fee BanDo World’s Fairs Still Matter?

Chime opened on Nasdaq at $43 a share on Thursday, 59 per cent above its $27 IPO price, to give the group a fully diluted market capitalisation of about $17bn. The shares edged down to $40 in early-afternoon trade. About 32mn shares were sold, raising $864mn for the company.