Chipper Cash
Company Overview
Chipper Cash is a cross-border payments app allows users to send and receive money in Nigeria, South Africa, Ghana, Uganda, Rwanda, Tanzania, United Kingdom. Grinnell alums Ham Serunjogi and Maijid Moujaled founded Chipper Cash in 2018.Chipper is Africas seventh unicorn, having raised over $300M in VC funding from the likes of Bezos, FTX, and SVB. The company was valued at $2B in a $150M round led by FTX in 2021, which was cut to $1.25B in a $30M SAFE round a year later.Chipper reportedly processes $1.5B in quarterly volume for its 5M users.
Business Model
App
Customer Model
B2C, B2B
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