Chipper Cash, Stellar, and MoneyGram Announce Strategic Integration to Improve Cash In/Cash Out Services

Chipper Cash, Stellar, and MoneyGram Announce Strategic Integration to Improve Cash In/Cash Out Services Chipper Cash, Stellar, and MoneyGram Announce Strategic Integration to Improve Cash In/Cash Out Services

Chipper Cash customers can now seamlessly cash in and cash out in real time using MoneyGram agents, powered by the Stellar network.

Chipper Cash, Stellar, and MoneyGram are excited to announce a strategic integration with the first-of-its-kind global money movement service, launched by MoneyGram, a leading global financial technology company that connects the world’s communities, and the Stellar Development Foundation (SDF), a non-profit organization supporting the development and growth of the Stellar network. This expansion marks another step toward bridging the gap between people and first-class financial services in a way that has not been done before at scale. It also signals the beginning of our efforts to deepen integrations and expand into more markets soon.

Through this exciting integration, Chipper Cash, a Stellar-enabled anchor, now provides its users with the capability to seamlessly cash in and cash out of their wallets using MoneyGram’s physical agents. Powered by the Stellar platform and MoneyGram's vast global retail network, Chipper Cash users can now enjoy more ways to interact with their money.

“At Chipper Cash, we are constantly seeking new ways to expand financial access and inclusion across Africa and beyond,” said Tefiro Serunjogi, Head of Consumer Products, “By integrating with MoneyGram’s global network and Stellar, we are thrilled to offer our users even more seamless transactions. This integration reinforces our commitment to empowering individuals with innovative tools to access the digital economy, transforming how people manage their money on a global scale.”

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About Chipper Cash: 

Chipper Cash is a financial technology company serving more than five million customers across the African continent. In 2018, Chipper Cash revolutionized moving money in Africa by providing a frictionless way to send and receive money cross-border. Since then, Chipper has increased its product suite by offering personal investments and digital business transactions and expanded its reach into the US. Led by co-founders Ham Serunjogi and Maijid Moujaled, Chipper Cash is focused on its mission to provide the most trusted and accessible financial services for people living in Africa and beyond.

Chipper Cash Media Contact: 

Shawn Ngatia

sngatia@chippercash.com