Chipper Cash
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$2.4m | Seed | ||
$6.0m | Seed | ||
$13.8m | Series A | ||
$30.0m | Series B | ||
$100m Valuation: $1.5b | Series C | ||
$150m Valuation: $2.0b | Series C | ||
Total Funding | $302m |
Recent News about Chipper Cash
EditChipper Cash is a financial technology company that provides a platform for instant cross-border mobile money transfers across Africa. The service is designed to be as simple as sending a text message, making it accessible to a wide range of users. Chipper Cash primarily serves individuals and small businesses in Africa, aiming to improve access to critical financial services for over 1 billion people on the continent. The company operates in seven countries and is expanding to more regions. Its business model includes offering free peer-to-peer (P2P) transactions within the same country, while generating revenue through cross-border transaction fees and other financial services. Chipper Cash is backed by reputable venture capital firms such as Deciens Capital and One Way Ventures, which support innovative companies in financial services and technology. The platform also features personalized transaction histories, allowing users to easily track their financial activities.
Keywords: cross-border transfers, mobile money, Africa, P2P transactions, financial services, venture capital, fintech, transaction history, small businesses, financial inclusion.