Fintech Chipper Cash raises US$30m series B funding for new products and markets

AFRICA – African fintech Chipper Cash, has raised a US$30 million series B funding round that will be used to expand the product offering and venture into new markets. According to company Chief Executive Officer Ham Serunjogi, the product offering expansion will focus on business payment solutions, crypto-currency trading options, and investment services. Speaking to Tech Crunch, Serunjogi added that the fintech would launch a stock product in Nigeria first allowing Nigerians to buy US stocks such as Tesla, Apple, or Amazon, thereafter, the stock product will be rolled out in other…

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Fintech startup Chipper Cash closes US$13m Series-A investment

AFRICA – San Francisco based fintech startup Chipper Cash, which services several African markets, has closed a US$13.8 million Series-A investment round led by Deciens Capital. Chipper Cash was founded two years ago by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled. The two came to America for academics, met in Iowa while studying at Grinnell College and ventured out to Silicon Valley for stints in big tech: Facebook for Serunjogi and Flickr and Yahoo!  for Moujaled. The startup call beckoned and after launching Chipper Cash in 2018, the duo convinced…

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