FTX Leads $150 Million Fundraise of African Fintech, Bitcoin Unicorn App Chipper

FTX Leads $150 Million Fundraise of African Fintech, Bitcoin Unicorn App Chipper

The latest funding extension round puts the African fintech and bitcoin app at a $2 billion valuation.African cross-border payments app Chipper Cash has raised $150 million in a Series C extension round led by bitcoin exchange FTX, leading the money transmitting app to a $2 billion valuation, reported TechCrunch. Chipper, which is used in seven African countries, has ventured into the U.K. and U.S. markets in recent months, enabling a new remittances option.“Chipper Cash is offering remittances considerably cheaper than anyone else,” Serunjogi said, per the report. “More important to that....


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