Friday, November 22, 2024
3.5 C
New York

Chipper Cash: Raises $100m in SVB-led Series C round

Chipper Cash: Raises $100m in SVB-led Series C round

  • Chipper Cash is a venture-capital-backed Financial technology company that builds software to enable free
  • Landed $100 million in Series C investment from a round led by Silicon Valley Bank’s investment arm
  • Joining SVB Capital in the round are Deciens Capital, Ribbit Capital, Bezos Expeditions, Tribe Capital and more
  • Company operates across seven African nations and helps to provide peer-to-peer (P2P) payment services
  • It plans to use its latest injection to expand both its existing product portfolio and its geographical reach
  • The company plans to increase its headcount by 100 employees to cope with a 33% rise in user numbers

 

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

Robinhood Acquires TradePMR to Expand Wealth Management Services

Robinhood has acquired TradePMR, a custodial and portfolio...

Navro Expands Global Reach with Canadian FMSB Registration

Canadian Approval: Navro, formerly Paytrix, has secured a...

TrueLayer Cuts Workforce Amid Profitability Push and $50M Funding Boost

Workforce Reductions: TrueLayer, an open banking payments company...

Amundi Acquires Aixigo to Expand Wealth Management Technology Offerings

Strategic Acquisition: Amundi, Europe’s leading asset manager with...

Celero Commerce Acquires Precision Payments to Expand SME Payment Solutions

Acquisition Announcement: US fintech Celero Commerce has acquired...

Trust Payments Appoints Laurence Booth as New CEO to Drive Growth

Trust Payments, a leading London-based paytech company, has...

NatWest Partners with NCR Atleos to Modernize 5,500 ATMs

NatWest Group has expanded its collaboration with NCR...

Related Articles

Popular Categories

spot_imgspot_img