9 Things You Didn’t Know About Chipper Cash

An up-and-coming fintech startup called Chipper Cash has recently been making headlines. An international payment service provider. The startup's legitimacy is questioned by some, but major investors see it as a legitimate business in the financial industry. Here are 10 things you may not have known about Chipper Cash, a new financial technology company.

• Chipper Cash provides a range of Financial Products
• Chipper Cash is an African Financial Technology Company
• Chipper Cash is an African Financial Technology Company
• Chipper Cash is venture capital backed company
• Chipper Cash is still in its infancy 
• The founders of Chipper Cash are African
• Chipper Cash is only available to customers in Africa
• Chipper Cash can be used for free
• Chipper Checkout is owned and operated by Chipper Cash

1. Chipper Cash provides a range of Financial Products

Chipper Cash, according to Bitcoin News, offers a wide range of financial products. Earlier this year, the company added cryptocurrency trading options to its payment solutions for businesses. It surveys the public to find out which financial products are most highly regarded in order to increase customer satisfaction and draw in new ones as well.

2. Chipper Cash is an African Financial Technology Company

Chipper Cash is a financial technology company based in Africa, despite its San Francisco headquarters. Many African and other emerging markets are served by Ham Serunjogi, the company's CEO, he said. Africa is seeing an increase in the use of cryptocurrencies as of late.

3. Chipper Cash is an African Financial Technology Company

The company does not currently provide this service to Nigerians, despite the fact that it is available to many customers around the world. Nigeria's Central Bank has issued a ban on the use of cryptocurrency. However, the CEO believes that the anti-crypto directive will change over time and they look forward to including it in this option once conditions change. This prevents them from offering services there.

4. Chipper Cash is venture capital backed company

Any doubts about Chipper Cash's legitimacy have been dispelled by thorough investigations and a high level of investor interest. In addition to having received funding from some of the biggest VC investors, it has also been confirmed as a legitimate fintech business. Series C funding for growth and expansion has recently been completed. Silicon Valley Bank's SVB Capital division is one of the investors who have faith in the business. The round is being led by SVB Capital. Additional investors include Ribbit Capital, Deciens Capital, and Jeff Bezos' Bezos Expedition. Investors are confident in Chipper Cash's ability to provide a respectable return.

5. Chipper Cash is still in its infancy 

Chipper Cash is still in its infancy, according to Techcrunch, given how short its existence has been. However, given the startup's rapid growth, this doesn't appear to be the case here. As a legitimate business, the company has grown considerably in a short period of time (less than three years). Despite its youth, VCs have raised it to the status of a Series C VC tech company, giving it a high valuation and a growing clientele.

6. The founders of Chipper Cash are African

Co-founders: Chipper Cash was founded by two people In contrast to Majid Moualed's native Ghana, Ham Serunjogi hails from Uganda. Both of the young men are from African countries, and they decided to start their new business in the US.

7. Chipper Cash is only available to customers in Africa

This fintech firm has set up shop in Africa in order to better serve the continent's growing middle class. It is still only available in the immediate vicinity. Kenya, South Africa, Tanzania, Nigeria, Rwanda, Uganda, and Ghana are all served by Chipper Cash.

8. Chipper Cash can be used for free

Chipper Cash's mobile-based P2P payment services are completely free of charge to use. Using the software is completely free of charge. However, only citizens of the aforementioned seven African countries are eligible to use it. There are many advantages to using the service, including this one. Most other methods of payment charge a fee for each transaction. Chipper Cash stands out from the competition because of this.

9. Chipper Checkout is owned and operated by Chipper Cash

Chipper Checkout is Chipper Cash's revenue-generating arm. To use it, merchants must pay a fee to the service provider. As a result, Chipper Cash can continue to offer free payment services to as many people as possible.