Chipper Cash
BorderFree financial services for Africa and its diaspora
What it does
Chipper Cash was founded in 2018 by Ham Serunjogi and Maijid Moujaled to facilitate zero-fee cross-border peer-to-peer payments across Africa. The platform expanded into virtual visa cards, fractional stock trading, crypto exchange, and merchant pay-ins (Chipper Checkout). It is celebrated as one of Africa's primary financial tech unicorns backed by top global investors.
P2P transfersDiaspora remittancesDigital wallets / e-walletsInvestment / brokerage platforms
Known for
- Pan-African cross-border payment unicorn
- Zero-fee peer-to-peer transfers
- Chipper Card virtual debit cards
- Fractional US stock trading for Africans
Model & industry
SaaSMarketplace / Aggregator modelAll / Cross-industry
Funding history
$146.2M
Total raised
4
Rounds
Series C
Latest stage
2021
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2021-05 | Series C | $100.0M | SVB Capital |
| 2020-11 | Series B | $30.0M | Ribbit Capital |
| 2020-06 | Series A | $13.8M | Deciens Capital |
| 2019-05 | Seed | $2.4M | Deciens Capital |
Source: Condia Funding Tracker
Products & subsidiaries
Chipper App · Cross-Border P2P AppChipper Virtual Visa Card · Virtual CardChipper for Business · Merchant Checkout API
Acquisitions
- Thepeer (2024). Tech infrastructure asset acquisition following liquidation.