Chipper Cash
Ugandan-Ghanaian founders built pan-African P2P; survived the FTX-investor winter and refocused on cards + crypto.
Pan-African P2P + cards + crypto.
- Who holds it
- An e-money institution holds your balance in a safeguarding account — Licensed e-money/payments across Africa (CBN, BoG, BoU, BNR); 40+ US money-transmitter licenses; FCA EMI (UK).
- The ledger
- The e-money institution’s own ledger.
- If it fails
- Safeguarded funds are returned in administration — ring-fenced, but access can be frozen and slow.
Derived from Chipper Cash’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | hybrid |
| HQ | San Francisco, US |
| Founded | 2018 |
| Custody | Custodial |
| Regulation type | E-money institution |
| License detail | Licensed e-money/payments across Africa (CBN, BoG, BoU, BNR); 40+ US money-transmitter licenses; FCA EMI (UK) |
| Card | Visa · Virtual + physical |
| Stablecoins | Yes |
| KYC | Yes |
| Active regions | Africa, North America, Europe |
| Countries | Nigeria, Ghana, Uganda, Kenya, Rwanda, South Africa, United States, United Kingdom |
| Founders | Ham Serunjogi, Maijid Moujaled |
| Funding | ~$300M raised |
Verified links: official site ↗ · @chippercashapp ↗
Common questions about Chipper Cash
What is Chipper Cash?
Chipper Cash is a fiat-and-crypto neobank, headquartered in San Francisco, US and founded in 2018. Your money is held custodially, so Chipper Cash or its partner bank holds the balance and you hold a claim on it. It is regulated as an e-money institution (Licensed e-money/payments across Africa (CBN, BoG, BoU, BNR); 40+ US money-transmitter licenses; FCA EMI (UK)).
Does Chipper Cash have a card, and where can you use it?
It issues a Visa virtual and physical card. It is available in 8 countries, across Africa, North America and Europe.
Does Chipper Cash require KYC?
Yes. Chipper Cash requires identity verification (KYC) to open an account, as a e-money institution.
Early investors
Peers
Revolut · Cash App · Mogo · Venmo · Robinhood · Crypto.com
Chipper Cash appears in
Neobanks authorised as e-money institutions (48) · Neobanks available in North America (126) · Neobanks available in Europe (144) · Neobanks available in Africa (92) · Neobanks that issue a Visa card (182) · Neobanks in United States (66)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.