African Fintech, Chipper Cash, Raises $30 Million to Expand its Cryptocurrency Trading Options – bitcoinke.io

The popular cross-border African payments app, Chipper Cash, has raised $30 million in a Series B round led by Ribbit Capital and Amazon CEO personal VC fund, Bezos Expeditions.

According to Chipper Cash CEO, Ham Serunjogi, the raise will help the startup expand its products and geographic scope. On the product side, this entails offering more:

Well always be a P2P financial transfer platform at the core. But weve had demand from our users to offer other value services like purchasing cryptocurrency assets and making investments in stocks.

~ Ham Serunjogi, CEO, Chipper Cash

SEE ALSO:You Can Now Buy & Sell Bitcoin Across Africa On Chipper Cash

Currently, users can buy bitcoin on Chipper Cash using any of the following currencies:

The startup, which was founded in 2018, has recently been on a run to raise and expand its growing portfolio of services.

Here are the latest stats about Chipper Cash:

According to Serunjogi, the startup alos plans to launch a stocks product with Nigeria being the first market to allow Nigerians buy fractional stocks such as Tesla, Apple and Amazon stocks, through the app before expanding to other countries.

An API payment solutions is also under development for businesses looking to collect payments for sale of goods.

RECOMMENDED READING:[WATCH] How to Buy Bitcoins in Kenya Using MPESA, Chipper Cash, and Bank Transfer on Paxful on Your Mobile Phone

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African Fintech, Chipper Cash, Raises $30 Million to Expand its Cryptocurrency Trading Options - bitcoinke.io