Ukheshe Technologies has announced a new partnership with Chipper, one of Africa’s most valuable startups, to enhance and accelerate the rollout out of Chipper’s digital payment offerings
These include free and unlimited P2P payments across South Africa, value-added services such as airtime and data and the ability to legally buy, sell or transfer cryptocurrency. The partnership will also allow for more efficient transactions across Africa, while fulfilling the lives of its customers on the back of the Ukheshe Eclipse API framework.
With over four million users serving eight countries in Africa and the UK, Chipper's mission is to unlock global opportunities and bring Africa together, one transaction at a time.
Clayton Hayward, CEO of Ukheshe, said, “Ukheshe’s Eclipse API provides access to payment technology, products and services – all from one convenient platform. The rapid shift towards innovative digital-first solutions, is undeniable and we are thrilled to partner with Chipper, a company that shares our vision and enthusiasm for credible, seamless payment solutions that drive the payments revolution in Africa.”
Hayward says that the devastating effects of the Covid-19 pandemic have further highlighted the need for credible, scalable pan-African fintech solutions. According to the International Monetary Fund (IMF), 57% of Africans do not have access to basic banking, while in sub-Saharan Africa, only 37% of women and 48% of men have a bank account. “The relationship between Ukheshe and Chipper aims to spearhead digital-first fintech solutions made in Africa to broaden access and financial inclusion for those who need it most.”