- Chipper Cash, a provider of international money transfer services to people in Africa, has said that it will work with Highgate, which is a modern card issuance service.
- Chipper Cash has been valued at around $2bn since it was established last year.
- “Building on this, we want to give our customers in the US the power to use the money they earn or have in their wallets to spend on things they need,” said a senior figure at the company.
Chipper Cash, a provider of international money transfer services to people in Africa, has confirmed that it will pair up with Highnote, a card issuance platform.
The two firms will collaborate on a card capability service designed to let customers of Chipper Cash get to their digital wallets to make transactions both within the US and internationally.
These will focus on situations that necessitate a card payment, including ecommerce payments.
Chipper Cash, which is used by more than five million people in Africa, came to the US market last year, and has since been valued at around $2bn.
It offers a virtual card product for customers in Nigeria, which is one of its main markets.
Maijid Moujaled, the co-founder of Chipper Cash, said that he arrived in the US to pursue his education, and that his family’s personal experience had prompted him to set up the firm.
“My father back in Ghana could only send me cash through a system that was slow, frustrating and expensive. This was the genesis of Chipper Cash: a dream to make cross-border remittances to Africa, the US and the world easier and economical,” he explained.
“Building on this, we want to give our customers in the US the power to use the money they earn or have in their wallets to spend on things they need,” said Tefiro Serunjogi, the firm’s product lead.
“This is why we are so excited to partner with the Highnote team. We believe we have found a partner that can future-proof with us,” he explained.
To discover more about the international payments world, just go over to our money transfer reviews pages where you can get the information all in one place – you could even find your next provider for business or personal reasons
