Chipper Cash: Raises $100m in SVB-led Series C round
- Chipper Cash is a venture-capital-backed Financial technology company that builds software to enable free
- Landed $100 million in Series C investment from a round led by Silicon Valley Bank’s investment arm
- Joining SVB Capital in the round are Deciens Capital, Ribbit Capital, Bezos Expeditions, Tribe Capital and more
- Company operates across seven African nations and helps to provide peer-to-peer (P2P) payment services
- It plans to use its latest injection to expand both its existing product portfolio and its geographical reach
- The company plans to increase its headcount by 100 employees to cope with a 33% rise in user numbers
