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Critical Ideas, Inc.

Financial Services

Chipper Cash Stock

Chipper Cash is a financial technology company offering a suite of services for seamless money transfers across Africa. Founded to empower individuals and businesses, Chipper Cash provides international transfers, virtual payment cards, and investment options. With millions of users, it facilitates financial inclusion and ease of transactions in multiple African countries.

Founded: 2018

Chipper Cash Website

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Chipper Cash Company Overview

Founded to streamline financial transactions across borders, Chipper Cash has rapidly become a cornerstone of fintech services in Africa and beyond. The platform allows users to send and receive money effortlessly across more than 21 African countries and the USA, helping to bridge the financial divide and foster economic inclusivity. The service suite of Chipper Cash includes free cross-border money transfers, issuance of over one million virtual Visa cards, and an investment platform named Chipper Stocks, which democratizes access to U.S. stock markets with as little as $1. This feature allows Africans to invest in over 6,000 U.S. public companies, promoting financial literacy and investment culture among its users. The company was co-founded by Ham Serunjogi and Maijid Moujaled, who recognized the challenges faced by African diaspora in sending money home. Their vision was to create a platform that not only facilitates easier financial transactions but also provides value-added services such as bill payments and airtime purchases at reduced rates. Chipper Cash has also tailored its offerings to businesses, providing solutions for enterprise payments and collections across the continent. The platform supports over 250,000 transactions daily, reflecting its robustness and the trust it has garnered. Moreover, its dedication to security and user satisfaction is evident from the positive reviews and high ratings on various app stores. In addition to its core financial services, Chipper Cash engages in various community-building activities and partnerships, such as with global music icon Burna Boy and participation in the Twitter Tips program, underscoring its cultural relevance and commitment to social connectivity. Through continuous innovation and user-focused services, Chipper Cash not only supports individual financial empowerment but also contributes to the broader economic development of the regions it serves.

Management Team

Ham Serunjogi Co-Founder and CEO
Maijid Moujaled Co-Founder and President
Alicia Levine COO
Patrick Triest CTO
Marc Gottschalk Chief Legal Officer

Funding Information

News

Biden appoints Chipper CEO on advisory council for African diaspora engagement

Ham Serunjogi, co-founder and CEO of Chipper Cash has been appointed as an inaugural member of the US advisory council on African diaspora engagement.

Chipper Cash Launches AI Verification Suite Chipper ID to transform customer onboarding in Africa

Chipper Cash, a financial services company serving over five million customers, has launched Chipper ID, an AI-powered suite of verification services, tailored to solving industry-wide customer onboarding and compliance issues in the African market.

Chipper Cash Launches AI Verification Suite Chipper ID to transform customer onboarding in Africa

Chipper Cash, a financial services company serving over five million customers, has launched Chipper ID, an AI-powered suite of verification services, tailored to solving industry-wide customer onboarding and compliance issues in the African market.

Chipper Cash Launches AI Verification Suite Chipper ID

Chipper Cash, a financial services company serving over five million customers, has launched Chipper ID, an AI-powered suite of verification services, tailored to solving industry-wide customer onboarding and compliance issues in the African market.

Chipper Cash Launches AI Verification Suite Chipper ID

Chipper Cash, a financial services company serving over five million customers, has launched Chipper ID, an AI-powered suite of verification services, tailored to solving industry-wide customer onboarding and compliance issues in the African market.

Chipper Cash Reportedly Cut Its Valuation By 70% Amid Failed Sale

New details by Forbes capture how Chipper Cash underwent a tumultuous period of layoffs and dire fortunes that highlight fintech winter.

Chipper Cash Payments Firm Clarifies SVB Exposure, Denies Sales Talks - Decrypt

Chipper CEO Ham Serunjogi says the failure of Silicon Valley Bank, one of its early investors, was "insignificant" in its daily operations.

Chipper Cash executes second round of layoffs less than three months after axing 12.5% of staff | TechCrunch

African fintech Chipper Cash conducted a second round of layoffs last Friday just ten weeks after it cut approximately 12.5% of its staff.