Chipper Cash, based in San Francisco, was founded in 2018 by Ham Serunjogi, and Maijid Moujaled. Serunjogi serves as CEO. The fintech company designs software that enables free and instant peer-to-peer cross-border payments in Africa and Europe, as well as solutions for businesses and merchants to process online and in-store payments.
In November, website “Pymnts” reported that Chipper Cash intends to acquire a Zambian fintech concern, Zoona, as part of its African expansion. Chipper Cash executives said the deal would bring together complementary products and services, allow the two companies to connect consumers and businesses across Africa, and position them as the “first choice provider of financial services” on the continent.
Among Chipper Cash’s investors are Bezos Expeditions, Deciens Capital, Liquid 2 Ventures, One Way Ventures, and Tribe Capital. The company has raised at least $280 million in funding over 6 funds, the latest of which was Series C round in November 2021.The company’s last known valuation was $2.23 billion and has not publicly communicated an intention to IPO.
Chipper Cash is a privately held company and is not publicly traded, therefore investing in Chipper Cash pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
Can you sell shares of Chipper Cash before it goes public?
You can seek to sell your shares in Chipper Cash while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
What is the pre-IPO value of my Chipper Cash shares?
To determine the value of your Chipper Cash shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Chipper Cash shares. You can also learn more about how to sell your private shares before getting started.
Is Chipper Cash a publicly traded company?
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
To learn more about Chipper Cash potential IPO
Will Chipper Cash go IPO?
Chipper Cash has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.
What is Chipper Cash’s IPO price?
The Chipper Cash IPO price does not exist at this time, as Chipper Cash is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Chipper Cash register for Forge Markets, today.
When was Chipper Cash founded?
Chipper Cash was founded in 2018.
What is Chipper Cash funding to date?
Chipper Cash has raised $301.9MM to date.
Who are Chipper Cash’s major investors?
500 Startups
Ribbit Capital
SVB Capital
Deciens Capital
Raptor Group
Chipper Cash Funding Rounds and Valuation
Funding History Chart
Funding Round Details
Funding Date
Share Class
Amount Raised
Price per Share
Post-Money Valuation
Key Investors
11/01/2021
Series C-2
$70MM
$xx.xx
$2.23B
FTX, SVB Capital, Deciens Capital, Ribbit Capital, Bezos Expeditions, One Way Ventures, Tribe Capital
Price per Share
$xx.xx
Shares Outstanding
3,063,927
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
FTX, SVB Capital, Deciens Capital, Ribbit Capital, Bezos Expeditions, One Way Ventures, Tribe Capital
11/01/2021
Series C-1
$80MM
$xx.xx
$2.23B
FTX, SVB Capital, Deciens Capital, Ribbit Capital, Bezos Expeditions, One Way Ventures, Tribe Capital
Price per Share
$xx.xx
Shares Outstanding
2,100,978
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
FTX, SVB Capital, Deciens Capital, Ribbit Capital, Bezos Expeditions, One Way Ventures, Tribe Capital
05/30/2021
Series C
$100MM
$xx.xx
$665.94MM
SVB Capital, Deciens Capital, Ribbit Capital, Bezos Expeditions, One Way Ventures, 500 Startups, Tribe Capital, Brue2 Ventures
Price per Share
$xx.xx
Shares Outstanding
8,080,668
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
SVB Capital, Deciens Capital, Ribbit Capital, Bezos Expeditions, One Way Ventures, 500 Startups, Tribe Capital, Brue2 Ventures
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