Finance
Chipper Cash Secures $150M In Series C Funding
Chipper Cash, an African cross-border payments company, has secured $150 million in a Series C extension round valuing the company at $2billion
The round was led by Sam Bankman-Fried’s cryptocurrency exchange platform FTX. SVB Capital, as well as other previous investors such as Deciens Capital, Ribbit Capital, Bezos Expeditions, One Way Ventures, and Tribe Capital, reinvested in this extension round.
The investment comes only six months after Chipper Cash raised $100 million in its first Series C round. The company’s entire Series C capital is $250 million, but it has raised more than $305 million to date.
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