SCHEDULE: Menlo Ventures Funds Amend Chime Financial Stake to 4.98%
Beneficial Ownership Report
Menlo Ventures and affiliated funds filed an amended Schedule 13G, disclosing a collective beneficial ownership of 4.98% of Chime Financial, Inc.'s Class A Common Stock as of March 31, 2026.
Summary
- Menlo Ventures XIV, L.P. and its affiliated entities have filed an amendment to their Schedule 13G, reporting a collective beneficial ownership of 17,442,713 shares of Chime Financial, Inc.'s Class A Common Stock.
- This ownership represents 4.98% of the total outstanding Class A Common Stock of Chime Financial, Inc.
- The percentage is calculated based on 350,471,830 shares of Class A Common Stock outstanding as of March 31, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed on May 7, 2026.
- The reporting persons include Menlo Ventures XIV, L.P., MMEF XIV, L.P., Menlo Entrepreneurs Fund XIV, L.P., MV Management XIV, L.L.C., Menlo Inflection I, L.P., MMSOP, L.P., MSOP GP, L.L.C., Menlo Inflection II, L.P., MM Inflection, L.P., Menlo Entrepreneurs Inflection Fund, L.P., and MSOP GP II, L.L.C.
- The reporting persons expressly disclaim status as a 'group' for purposes of this Schedule 13G.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership by a passive investor group and does not contain operational or financial performance updates.
Future Outlook
This filing does not contain any forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that this filing is a routine disclosure of a passive investment stake by a venture capital firm and its affiliates in a private or pre-IPO company, common in the fintech sector as companies mature towards potential public offerings. It does not provide specific insights into Chime Financial's operational performance or market position relative to broader industry trends.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant passive ownership by venture capital funds.
Key Dates
| Date | Description |
|---|---|
| 08/14/2025 | Date of previous Schedule 13G filing where Joint Filing Agreement was incorporated by reference |
| 03/31/2026 | Date of event requiring the filing of this statement |
| 05/07/2026 | Date Chime Financial, Inc. filed its Quarterly Report on Form 10-Q, reporting outstanding shares |
| 05/15/2026 | Date of filing of this Schedule 13G Amendment No. 1 |
Keywords
Chime Financial, Menlo Ventures, Class A Common Stock, Beneficial Ownership, SEC Filing, Schedule 13G, Fintech, Investment, Venture Capital
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