Chipper Cash: valuation, funding rounds and share price

The most recent valuation reported for Chipper Cash in the deals we track is $2B (post-money, reported by TechCrunch and multiple sources as slightly above $2B), reported with its Series C in November 2021. Source: Chipper Cash raises $150M Series C extension led by FTX at $2B valuation.

Chipper Cash has raised $150M across 1 disclosed round tracked by Africa Markets. Valuations are as reported at announcement and may not reflect current value.

No. Chipper Cash is a private company and its shares are not listed on a stock exchange, so there is no public Chipper Cash stock price. The most recent valuation reported was $2B in November 2021.

Chipper Cash also appears as CHIP in the Africa Markets trading demonstration, a members-only preview of our marketplace. Prices there come from a demonstration call auction in which members trade with demo cash; they are not real market prices, not a valuation of Chipper Cash, and no real shares change hands. Members can view CHIP in the demonstration.

Chipper Cash operates a mobile application that enables users to send and receive money across borders in Africa with no fees for personal transfers. It supports payments in multiple African currencies and has expanded to facilitate remittances from the US and UK to African markets. The platform also offers additional services including bill payments, virtual USD cards, cryptocurrency trading, stock investments, and merchant payment solutions.

The company primarily serves consumers and businesses in seven African countries: Ghana, Kenya, Nigeria, Rwanda, South Africa, Tanzania, and Uganda. It has grown to serve millions of users, with Nigeria and Uganda as key revenue markets. Revenue is generated through foreign exchange fees, merchant services, and commissions on value-added products rather than P2P transfers.

Founded in 2018, Chipper Cash has raised over $300 million in total funding. It achieved unicorn status in 2021 but saw its valuation adjusted downward in subsequent years amid market shifts. The company has focused on operational efficiency, achieving positive free cash flow in late 2025 after restructuring.