Who owns Chipper Cash?
Is Chipper Cash a licensed bank?
No — it is an e-money institution. Licence detail: Licensed e-money/payments across Africa (CBN, BoG, BoU, BNR); 40+ US money-transmitter licences; FCA EMI (UK).
Where is your money held?
Custody model: Custodial.
No sponsor bank or infrastructure provider is publicly documented for Chipper Cash yet. Know one? Suggest it.
Who's behind Chipper Cash?
Chipper Cash was founded by Ham Serunjogi, Maijid Moujaled (2018), headquartered in San Francisco, US.
Early investors
Is my money safe with Chipper Cash?
As an e-money institution, Chipper Cash safeguards funds in segregated accounts rather than insuring them as deposits. That protection works differently from a bank — money is generally not covered by deposit-guarantee schemes, though it must be ring-fenced from the company's own funds.
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.