Chipper Cash launches with free P2P money transfers in South Africa

SOUTH AFRICA – Chipper, a fintech start-up that facilitates free peer-to-peer (P2P) money transfers and instant cross-border payments in Africa, officially launched Chipper Cash to offer domestic P2P money transfers in South Africa. Chipper Cash will enable South Africans to enjoy free unlimited instant domestic money transfers, invest in cryptocurrencies, and buy and send airtime and data to loved ones. Chipper was founded in 2018 by Ham Serunjogi (CEO) and Maijid Moujaled (President) and it is headquartered in San Francisco, USA. As Chipper Cash is experiencing rapid user adoption, Chipper has…

Read More

Fintech startup Chipper Cash raises US$100m Series C funding to create new products

AFRICA – Chipper Cash, an African fintech startup, has achieved unicorn status after raising US$100 million in a C-Series funding round to create new products and to hire new employees. The round was headed by the investment division of the American Silicon Valley Bank — SVB Capital. Deciens Capital, Ribbit Capital, Bezos Expeditions, One Way Ventures, 500 Startups, Tribe Capital and Brue2 Ventures also took part in financing the startup. Founded in 2018 by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled, (two college students brought together by their academic adventures at Grinnell…

Read More

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…

Read More

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…

Read More