Chipper Cash expands to Nigeria

app screenshotChipper Cash, an African no-fee, cross-border startup, has expanded to Nigeria

In partnership with payment gateway company Paystack the San Francisco-based startup, with offices in Ghana and Kenya, will offer its P2P payment service and app in Africa’s most populous nation.

As reported in Techcrunch, Abiodun Animashaun, co-founder of Gokada, has been appointed as country manager by the startup which aims to set up a company in Lagos Nigeria. He’s going to work with Alicia Levine, who’s going to quit her job with Brck to become Chipper Cash’s chief operating officer.

Launched in 2018, Chipper Cash was co-founded by Serunjogi (Uganda) and the Ghanaian Sraid Moujaled to develop digital finance applications across Africa.

The startup has more than 70,000 active users and has processed about 250,000 transactions. They also run Chipper Checkout–a merchant-focused, C2B mobile payment product that supports its no-fee mobile money business.

Chipper Checkout is charged, while Chipper Cash mobile payment is free of charge.

Ham Serunjogi, Chipper Cash CEO, said, “Nigeria is the largest economy and most populous country in Africa. Its fintech industry is one of the most advanced in Africa, up there with Kenya and South Africa.” He noted that companies intending to run fintech across borders should look to expand to Nigeria.

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