Backed by Ribbit Capital and Bezos Expeditions, Chipper Cash raises $30m Series B funding

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African focused cross-border P2P payments startup, Chipper Cash just announced that it has closed its $30m Series B round. Now, it’s expanding offerings to include API payments solutions, crypto-currency trading options, and investment services. Founded by Serunjogi and Maijid Moujaled in the US with a focus on African markets, Chipper Cash now operates in seven countries on the continent: Ghana, Kenya, Nigeria, Rwanda, Tanzania, Uganda, and South Africa. Deciens Capital was still at the heart of its Series A in June 2020 leading the round when Chipper Cash raised $13.8m. “It’s a big deal when a world-class investor like Bezos or Ribbit goes out of their sweet spot to a new area where they previously haven’t done investments.

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