Ripple cooperates with Chipper Cash for optimizing crypto transfers in Africa
- Ripple network enables Chipper Cash fast and cheap cross -border payments.
- For his part, Chipper Cash collects $ 30 million to expand the Bitcoin trade in Africa.
Ripple has received a partnership with Chipper Cash to improve cross -border payments in Africa. This cooperation aims to make transfers faster, cheaper and accessible to users on the continent. Chipper Cash, which serves more than five million users in nine African countries, will now integrate Ripple’s blockchain-supported payment system.
Africa’s payments landscape is evolving—and crypto-enabled transactions are at the center.
@chippercashapp and Ripple are teaming up to enable faster, more cost-effective cross-border payments into Africa using Ripple Payments.https://t.co/tA1hO4mtyG
— Ripple (@Ripple) March 27, 2025
The partnership is an important step in the expansion of Ripple to the African market after Ripple 2023with Onafriq took the first step .
The growing presence of Ripple in Africa
Ripple’s cooperation with Chipper Cash strengthens Ripple’s position as an important player in the African payment landscape. Reece Merrick, Managing Director for the Middle East and Africa at Ripple, emphasized that this partnership is an important milestone in the regional expansion efforts of Ripple. He emphasized that blockchain technology has a transformative potential for cross-border payment transactions and financial integration in Africa.
Ripple has been developing solutions for over a decade that simplify international money transfers. By providing a safe, compliant and scalable blockchain infrastructure, Ripple enables finance institutions to promote digital assets efficiently.
By integrating the Ripple payment infrastructure, Chipper Cash can reduce the friction losses that are often connected to traditional banking systems and enable users to send and receive funds faster and at lower costs.
Advantages for Chipper-Cash Customers
For Chipper Cash it means Integration Ripple’s payment services faster and cheaper transactions for its users. Conventional transfer services are often associated with high fees and long transfer times, but the new partnership reduces both. As a result, Chipper Cash customers can now send and receive payments around the clock without encountering obstacles.
Ham Serunjogi, founder and CEO of Chipper Cash, was enthusiastic about the partnership and pointed out that crypto -based payments have the potential to accelerate financial integration throughout Africa. According to Serunjogi, Ripple’s global payment network will significantly improve the speed and cost efficiency of money transfer.
Strategic step for the global growth of Ripple
Ripple’s partnership with Chipper Cash comes at a time when the company relocated its focus on the expansion of its global presence after the sec./.ripple conflict is settled – CNF reported.
The Ripple infrastructure already covers over 90 payout markets and processes a volume of more than $ 70 billion annually. This large reach enables ripple to offer processes that cover a significant part of the global foreign exchange market. With further expansion to Africa, the company wants to open up a region in which crypto payments could revolutionize finance.
How CNF reportedChipper Cash completed a round of funding in the amount of $ 30 million, with well-known support from Amazon founder Jeff Bezos and Ribbit Capital. This new capital helped to expand the company’s crypto trade services in Bitcoin. Chipper Cash, which was founded in 2018, now serves over 3 million customers across Africa and offers inexpensive money transfers and various financial services.
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