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Wallets/chipper-cash

Chipper Cash

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Overview

Chipper Cash is one of Africa's largest fintech platforms + African unicorn for cross-border remittances, founded 2018 [1, 2, [global-cro]]. 7+ million users across 9 African countries by December 2025 — up from 5 million in March 2025.

2025 strategic milestonesAfrica cross-border-payments leadership:

  • March 2025 — Ripple partnership [3]: Cross-border payments into Africa via Ripple's crypto-enabled payments solution.
  • December 2025 — Stable + Chipper Cash partnership [4]: StableChain integration for stablecoin/digital-asset payments — institutional adoption + cross-border payments.

Chipper Cash transitioned from pure consumer P2P remittance to crypto-enabled cross-border infrastructure.

History

2018 — Chipper Cash founded [1] by Ham Serunjogi (Uganda) + Maijid Moujaled (Ghana) — both Stanford undergraduates.

2019-2021 — Pan-African expansion + African unicorn status [2].

March 2025 — 5M customers across 9 African countries [3].

March 2025 — Ripple partnership [3]: Crypto-enabled cross-border payments.

December 2025 — 7M users + Stable StableChain partnership [4].

Ownership & operator

Operating entity: Chipper Cash.

Co-founders: Ham Serunjogi (CEO; Uganda) + Maijid Moujaled (Ghana) — Stanford undergraduates.

Major investors: SVB Capital + Bezos Expeditions + Ribbit Capital + One Way Ventures + Brue2 Ventures + 500 Startups + FTX Ventures + Sam Bankman-Fried (historical, pre-FTX-collapse).

Regulators: Per-country African regulators + UK FCA (for GB operations) + US FinCEN/state regulators.

Technical integration

Layer Description
Channels Chipper Cash mobile app (iOS + Android) + Chipper Card
Identifiers Phone + email
Countries 9 African countries (NG, GH, KE, UG, RW, TZ, ZA + others) + US + GB
Cross-border Africa cross-border P2P remittance
Crypto-enabled (2025+) Ripple (XRP-based cross-border) + Stable (StableChain stablecoin payments)
Account model Multi-currency e-wallet + Chipper Card + crypto-payment rails

Users & growth

2025 trajectory [3, 4]:

  • March 2025: 5M customers / 9 African countries
  • December 2025: 7M users / 9 African countries (40% growth in 9 months)

Use cases

Africa cross-border P2P remittance (NG ↔ GH ↔ KE ↔ UG ↔ RW ↔ TZ ↔ ZA); diaspora remittances (US/GB ↔ Africa); Chipper Card spending; crypto-enabled cross-border (Ripple XRP + StableChain stablecoins); bill payments + airtime.

Implementations & partners

Operator: Chipper Cash (African unicorn).

Crypto partners:

  • Ripple (XRP-based cross-border, March 2025+)
  • Stable (StableChain stablecoin payments, December 2025+)
  • Bridge (card-program-as-a-service; historical)

Major African competitors: [[opay]] (Nigeria-anchored 58M), mtn-momo (multi-African telco-led), airtel-money (multi-African telco-led), [[mukuru]] (17M+ SADC remittance + wallet), [[m-pesa]] (KE-anchored 51M+), [[flutterwave]] (34 African payment processor).

Regulators: Per-country African + UK FCA + US FinCEN/state.

Fun facts

  • African unicorn for cross-border remittances.
  • Co-founders: Ham Serunjogi (Uganda) + Maijid Moujaled (Ghana) — Stanford undergraduates.
  • 7M users + 9 African countries (Dec 2025) — up from 5M (Mar 2025) = 40% growth in 9 months.
  • March 2025 Ripple partnership — crypto-enabled cross-border (XRP-based).
  • December 2025 Stable partnership — StableChain stablecoin payments.
  • SVB Capital + Bezos Expeditions + Ribbit Capital backed.

Comparison

Feature Chipper Cash [[mukuru]] (SADC remittance + wallet) [[opay]] (NG-anchored) [[wave-money-africa]] (West African) [[m-pesa]] (KE-anchored mobile-money)
Operator Chipper Cash Mukuru OPay Wave Mobile Money Safaricom + Vodacom
Type African cross-border P2P + crypto-enabled (2025+) African remittance + wallet NG #1 mobile wallet + microfinance bank West African USSD wallet KE mobile-money pioneer + East Africa
Country 9 African + US + GB 20+ African NG + EG + PK 6 West African 7+ African
Users 7M (Dec 2025) 17M+ 58M Major 51M+
Distinctive Stanford co-founders; Bezos/Ribbit backed; 2025 Ripple+Stable crypto-enabled SADC anchor; 5 digital wallets SoftBank-backed; $4B IPO pending USSD-first; lower fees KE mobile-money pioneer (2007)

Status

Active, African cross-border-remittance unicorn with crypto-enabled rails [3, 4]:

  • Chipper Cash since 2018.
  • 7M users + 9 African countries (Dec 2025), 40% growth from March 2025.
  • 2025 crypto-enabled cross-border: Ripple (XRP) + Stable (StableChain) partnerships.
  • Stanford co-founder Ham Serunjogi (UG) + Maijid Moujaled (GH).
  • SVB + Bezos + Ribbit-backed.

Sources

Source

Biography extracted from chipper-cash.md. See matrix.md for standards-support matrix if present.

source · docs/wallets/chipper-cash/index.md