African payments startup Chipper Cash raised $100 million in a Series C funding round led by SVB Capital – the investment arm of the US based Silicon Valley Bank, and became the sixth African unicorn joining the likes of Flutterwave and Interswitch. Deciens Capital, Ribbit Capital, Bezos Expeditions, One Way Ventures, 500 Startups, Tribe Capital and Brue2 Ventures also participated in the current funding round.
Founded in 2017 by Ham Serunjogi and Maijid Moujaled, Chipper Cash provides free, interoperable payments across Africa including Ghana, Kenya, Uganda, Tanzania, South Africa, Rwanda, and Nigeria.
