New listings in the U.S. have bounced back sharply in recent weeks, with some eye-popping debuts stoking hopes of a sustained revival after a dry spell since April. On Thursday, fintech firm Chime climbed 59% in its debut,

Financial technology (fintech) company Chime says it has raised US$864mil in its initial public offering (IPO) after pricing shares at US$27 each.

Shares in mobile payments group Chime surged on the company’s debut in New York, underscoring investor optimism for fintech amid a burst of activity in the US initial public offerings market. Chime opened on Nasdaq at $43 a share on Thursday,