• Chethan Machaknur

African fintech startup Chipper Cash raises $30M backed by Jeff Bezos.


African cross-border fintech startup Chipper Cash has raised a $30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal VC fund of Amazon CEO Jeff Bezos.


Chipper Cash is a Pan-African online transfer service that offers instant no-fee local and cross cross-border money transfer, discounted airtime purchase and zero charges on bill payments.


The company has scaled to 3 million users on its platform and processes an average of 80,000 transactions daily. In June 2020, Chipper Cash reached a monthly payments value of $100 million, according to CEO Ham Serunjogi.

14 views
  • Amazon Social Icon
  • Facebook Social Icon
  • LinkedIn Social Icon
  • Twitter Social Icon
  • Instagram

© 2020 by StartupNews. Proudly created in India