Africa-Focused Fintech Chipper Cash Weighs Possible Sale of Business
One of Africa’s fintech giants, Chipper Cash, is said to be weighing the possibility of selling the business or bringing in new investors. According to the CEO of the FTX…
Report: Chipper Cash Lays Off More Workers — Crypto Department Still Operational, Says CEO
The Nigerian fintech, Chipper Cash, recently said it has let go of more employees and that this step has been taken to help the firm contain its operating costs. Although…
Report: Chipper Cash Valuation Dropped to $1.25 Billion After it Secured Additional Funding From FTX
After Chipper Cash ended 2021 as one of Africa’s most valued fintechs, the FTX-backed startup’s valuation dropped from $2 billion to $1.25 billion after it reportedly received a $35 million…
Bitcoin network
Bitnob
Chipper Cash
Cross Border Payment
Fintech
Jack Mallers
Lighting Network
Mobile money
Strike
World Bank
Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa
United States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via…
Africa
Central Bank Of Kenya (CBK)
Central Bank of Nigeria (CBN)
Chipper Cash
Flutterwave
naira
naira depreciation
Nigeria fintechs
Sango coins
Speculators and Crypto Traders Blamed for Naira’s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start
In this week’s Africa news highlights, the Nigerian central bank blames speculators for causing the local currency’s plunge to a new all-time low on the parallel market. In Kenya, the…
Asset Recovery Agency
cease and desist
central bank of Kenya
Chipper Cash
Flutterwave
Money Laundering
money remittances
Nigeria fintechs
Patrick Njoroge
payment services
regulation
Kenya Central Bank Orders Financial Institutions to Stop Dealing With Two Nigerian Fintechs
In a letter addressed to the CEOs of financial institutions, the Central Bank of Kenya (CBK) has said financial institutions operating in the country must cease and desist from dealing…
Bitcoin
Central Bank of Nigeria
Chipper Cash
cryptocurrency
Fintech
Flutterwave
jeff bezos
New Post
Series C
SVB Capital
African Fintech Start-up Chipper Cash Raises $100 Million — CEO Says No Crypto Services for Nigeria
Chipper Cash, an African fintech firm that specializes in facilitating cross-border payments, recently closed a $100 million Series C funding round. Taking the lead in what is now Chipper Cash‘s…