INSUBCONTINENT EXCLUSIVE:
Paystack CEO Shola Akinlade confirmed the collaboration.Chipper Cash will establish a company presence in Lagos and has hired a country
manager, Abiodun Animashaun, co-founder of Lagos-based ride-hail startup Gokada.Animashaun is one of two senior figures departing African
tech ventures to join Chipper Cash
according to Chipper Cash CEO Ham Serunjogi.The startup went live in October 2018, joining a field of fintech startups aiming to scale
Maijid Moujaled, both of whom emigrated to the U.S
to study and work in Silicon Valley.The fintech company now has more than 70,000 active users and has processed 250,000 active transitions
on its no-fee, P2P, cross-border mobile-money payments product.The startup also runs Chipper Checkout: a merchant-focused, fee-based C2B
mobile payments product that supports its no-fee mobile-money business.Chipper Checkout will make its debut in Nigeria several months after
startups, such as Chipper Cash, locating in Nigeria is not just strategic for expanding in Africa, but also to serve international
The play is to tap the best of both worlds in VC, developers and the frontier of digital finance.Toward that end, Chipper Cash raised a $2.4
African fintech products and solutions have also found traction internationally
Safaricom (M-Pesa), Flutterwave, Paystack, Paga, Mines and Chipper Cash are among companies that offer or plan to offer their products in
regions such as Asia, Europe and Latin America.
