[Chipper] Chipper announces intended acquisition to strengthen payment solutions in Africa

Chipper announces intended acquisition to strengthen payment solutions in Africa

Today we are excited to announce our intended acquisition of the Zoona group, which includes the Tilt brand. The proposed acquisition will accelerate Chipper’s expansion across Africa. We also believe bringing Chipper Cash and Zoona teams together will foster innovation and development of our offerings across payment and remittance services, plus complementary products such as API, disbursements and transfer solutions. Best of all, we are delighted by what these benefits mean for our customers.

This is the first major acquisition we will have made since launching Chipper in 2018. Timing is everything and making this kind of investment at this point in our company’s evolution will help us scale and grow our business at a faster pace than we could achieve otherwise. more...