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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Business»Visa and Chipper Cash Partner in African Expansion
    Visa

    Visa and Chipper Cash Partner in African Expansion

    1
    By AdeO on April 6, 2020 Business, Financial Services, Fintech, Partnerships, Payments

    Visa has partnered with fintech company Chipper Cash as it plans to expand its reach in Africa.

    Chipper Cash, which enables instant cross-border mobile money transfers, already has over a million customers and recently launched in South Africa.

    The company will use $6 million it raised in 2019 to grow in new markets and hire more staff.

    Very happy to share that @chippercashapp has partnered with @Visa to build some pretty cool stuff. Our first product will be the Chipper Visa card which will be available to our users. Can’t wait to get this out soon! Press release here – https://t.co/U6PJreFpzU pic.twitter.com/LZnRGB248X

    — Ham Serunjogi (@HSerunjogi) April 2, 2020

    Chipper Chief Executive Officer Ham Serunjogi said, “Working with Chipper is another opportunity “to accelerate financial inclusion across Africa,”

    Chipper has offices in Kenya, Ghana, and Nigeria. It is also located in New York and is setting up shop in London. It is not currently seeking any additional funding and is focusing on ensuring the reliability of its service where it already operates, Serunjogi said.

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    1. Pingback: Chipper Cash joins the league of African Unicorns with a $100m Series C raise | Innovation Village | Technology, Product Reviews, Business

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