Fintech start-up in Africa Chipper Cash has secured more than $100 million to establish a cross-border cryptocurrency payment system.
For the past three years, the business has been working on an African payment system. Many crypto fans are interested in this activity; thus, various investors contributed to the funding.
The funds will be used to support the team’s growth as well as the development of cryptocurrencies and financial products that will be available in seven African regions. Kenya, Ghana, and Nigeria are just a few of them. Chipper Cash is also available in the United Kingdom.
The number of users has surpassed 4 million. Every day, the Chipper Cash payment system processes 80,000 transactions worth more than $100 million.
According to the CEO of the COMPANY, card and cryptocurrency items have already been released. The project’s geography and functionality will increase in the future. Users will be able to purchase products that are in high demand. It will be simple to buy, store, and sell cryptocurrencies with their assistance.