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Chipper Cash: Raises $100m in SVB-led Series C round | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

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

 

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