Nigeria received the largest share of the $4 billion in startup funding that Africa, in particular, attracted in 2021, with $1.37 billion. Four countries emerged at the top, as expected: Nigeria, South Africa, Egypt, and Kenya. They accounted for 80% of total capital raised on the continent up until the end of November, with Nigeria…
African cross-border payments provider Chipper Cash has secured $150 million in an expanded Series C round, which included participation from FTX, Ribbit Capital, SVB Capital, Deciens Capital, and Bezos Expeditions. Chipper Cash is now a unicorn, having been valued at over $2 billion. CEO Ham Serunjogi and President Maijid Moujaled founded the company in 2018. Additionally,…
Yesterday, Chipper, one of the fastest growing African fintech start-ups 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…
African fintech, Chipper has now launched its money transfer and cross-border payment services in South Africa. South Africans can now enjoy free unlimited instant domestic money transfers, invest in cryptocurrencies, and buy and send airtime and data to loved ones. This was contained in a statement made available on Thursday. The South African launch brings…