The cross-border payment platform, Chipper Cash has expanded into Nigeria to bring its no-transfer-fee service to the country. This expansion is a result of the deal between the San Francisco based fintech firm and Paystack.
To assist in managing the firm’s operations in Nigeria, Co-Founder of Gokada, Mr Abiodun Animashaun, has been appointed as the Country Manager of Chipper Cash.
Abiodun has worked as the Chief Financing Officer of Gokada since the ride-hailing platform began operations in Lagos. He has also worked as a senior consultant for Brainspace, a company that specialises in improving business performance of client businesses.
He will be bringing his experience and expertise into furthering the expansion of Chipper Cash in Nigeria.
According to the CEO of Chipper Cash, Ham Serunjogi, the expansion to Nigeria was just a matter of time. He said that with the country’s population and recent advancements in the fintech area, establishing operations in the country was a smart choice for any fintech firm.
Nigeria is the largest economy and most populous country in Africa. Its fintech industry is one of the most advanced in Africa, up there with Kenya and South Africa,…
I think for any company doing fintech across borders, that is looking to be successful in Africa, it’s imperative that you have a presence in Nigeria.”Ham Serunjogi, CEO of Chipper Cash
With the presence of Chipper Cash in Nigeria, the fintech firm aims to bring its trans-border payment service which has reportedly already processed 250,000 active transitions, as a rival for all the existing fintech solutions that have emerged in the country over the last decade.
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