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African payments startup Chipper Cash gets financial boost from Jeff Bezos, others

Nov 20, 2020 - Marketline Newswire

African fintech firm Chipper Cash has raked in $30m in a Series B funding round to expand its products and geographic presence across the country.

The funding round was led by Ribbit Capital, which was joined by Amazon CEO Jeff Bezosâ(EURO)(TM) personal venture capital (VC) fund named Bezos Expeditions. Founded in 2018, Chipper Cash offers mobile-based, no fee, peer-to-peer (P2P) payment services in Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya. It also operates a payme...