Tech in Africa
As one of Africa’s fastest-growing fintech company’s Chipper Cash was founded in 2018 by Ham Seunjogi and Majid Moujaled on the idea that moving money across Africa should be transparent, instant, and trouble-free.
The fintech startup is looking to bridge the African diaspora, their families, and communities, by expanding beyond the continent’s borders. At present, Chipper’s network is pan-African (South Africa, Kenya, Tanzania, Rwanda, Ghana, Nigeria, and Uganda), and the United Kingdom.
Chipper Cash is looking to open in the United States, which has a large diaspora population that spends a significant amount of remittances back to the continent. Burna Boy, a multiple international winning musician joins as a global brand ambassador by announcing the launch in the United States and integrating Chipper Cash to Twitter Tips as one of the options for creators in emerging markets to receive monetary support through Twitter.
The new move aims to simplify diaspora remittances which at present are expensive and frustrating, not to mention the hidden charges and chain of money agents. Sending money into and out of the continent must be affordable, easy, and secure. Chipper Cash mobile app will enable peer-to-peer (P2P) payments between the US and eight African countries. Payments executed between Nigeria and the US will be absolutely free.
To get started, download the Chipper Cash App.
