Chipper Cash joined the Unicorn Club on May 31, 2021, after raising a $100 M Series C funding round led by SVB, valuing it at $1 B. Headquartered in San Francisco, United States, it provides a cross-border digital remittance platform enabling users to connect multiple mobile-money accounts to a single wallet for seamless global transfers.
Keep reading to learn how Chipper Cash is building financial access across Africa and other emerging markets through its unified wallet and crypto-enabled payment network.
What Is Chipper Cash and What Does It Do?
Founded in 2018, Chipper Cash offers an app-based payment and remittance service available on both iOS and Android. The platform enables users to send and receive money across borders, pay bills, and manage funds from multiple mobile wallets in real-time. Its services extend to digital asset transfers and merchant payments, addressing the need for low-cost, instant transactions across continents.
The company’s mission is to democratize global financial access by removing friction from international money movement and expanding financial inclusion in developing regions.
How Much Funding Has Chipper Cash Raised?
1. Series C and Later Rounds
- Amount Raised: $150 M
- Date: Nov 2, 2021
- Lead Investors: SVB, FTX
- Valuation: ~$1.25 B
- Purpose: Platform expansion, regulatory scaling, and crypto product rollout
2. Earlier Rounds (Seed – Series B)
- Cumulative Funding: $155 M
- Key Investors: Bezos Expeditions, Ribbit Capital
- Purpose: App development, market expansion, and financial infrastructure build-out
Total Funding Raised: ~$305 M
Latest Funding Date: Nov 2, 2021
Latest Led Valuation: ~$1.25 B
Employee Count: 51–200 (as of Jul 16, 2025)
Key Investors
- Bezos Expeditions
- Details: Private investment firm of Jeff Bezos, focusing on breakthrough technology and fintech ventures.
- Focus Areas: Financial inclusion, digital payments, and global fintech innovation.
- Ribbit Capital
- Details: Venture capital firm specializing in financial technology investments across global markets.
- Focus Areas: Banking infrastructure, mobile payments, and consumer finance platforms.
Where Is Chipper Cash’s Headquarters?
Chipper Cash is headquartered in San Francisco, California, United States, with operations across Africa and other global remittance corridors. Its teams focus on regulatory compliance, partner integrations, and cross-border payment infrastructure.
What’s Next for Chipper Cash?
Chipper Cash aims to expand its payment network into new markets, integrate more crypto-to-fiat services, and enhance its compliance capabilities. The company continues focusing on affordable cross-border payments, financial inclusion, and merchant integration.
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