Pan-African fintech company Chipper Cash is back in the US game after a two-month hiatus. The break followed a strategic shift that saw the company refocus its staffing on Africa and streamline its US operations.
What’s New?
- US customers can now send money to loved ones in African markets (Nigeria, Ghana, Rwanda, and Uganda) again.
- Chipper Cash boasts a “simplified account top-up experience” with dedicated bank details for US users.
- Important! Update your Chipper app for the latest features.
Flashback: US Expansion on Hold
Just a year ago, Chipper Cash made a splashy US debut, securing money transfer licenses across all 50 states. This move aimed to solidify their global reach and commitment to regulations. However, an unspecified banking partnership fell through in January, causing a temporary pause in US money transfer services.
Looking Ahead
Despite the setback, the Fintech company boasts an impressive funding portfolio (over $305 million), a user base of 5 million verified users, and 1.4 million active users quarterly. This restart in the US market signifies its continued commitment to providing seamless money transfer services across Africa and beyond.
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