Turning a corner: Private market posts best month in yearsCore private market metrics suggest positive momentum is brewing and investor sentiment is improving
Turning a corner: Private market posts best month in years
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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 on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Chipper Cash pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Chipper Cash is a private company and not publicly traded.
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.
Chipper Cash is an African cross-border payments company that allows people to send and receive money.
Chipper Cash’s mission is to provide the most trusted and accessible financial services for people living in Africa and beyond.
Chipper Cash is headquartered in San Francisco, California.
| Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
|---|---|---|---|---|
| 11/1/2021 | Series C-1 and C-2 | $150MM raised | $XXX.XX | $XXX.XX |
| 5/30/2021 | Series C | $100MM raised | $XXX.XX | $XXX.XX |
| 11/18/2020 | Series B | $30MM raised | $XXX.XX | $XXX.XX |
| 6/16/2020 | Series A | $13.89MM raised | $XXX.XX | $XXX.XX |
| 12/16/2019 | Series Seed-4 and Seed-5 | $5.63MM raised | $XXX.XX | $XXX.XX |
| 5/9/2019 | Series Seed-1, Seed-2 and Seed-3 | $2.38MM raised | $XXX.XX | $XXX.XX |
