Chipper Cash Secures Broker-Dealer License in Ghana
Chipper Cash, a cross-border payment platform, has been granted a broker-dealer license by the Ghana Securities and Exchange Commission (SEC).
This new license will soon allow customers in Ghana to invest in fractional U.S. stocks, making it easier for them to purchase shares or ETFs with smaller amounts of money. Additionally, the license grants direct market access, enabling faster trade execution and better pricing providing a superior investment experience.
The broker-dealer license is a testament to Chipper Cash commitment to broadening financial access and offering Ghanaians innovative ways to engage with financial markets and build wealth. This development builds on the company”s existing Enhanced Payment Service Provider license issued by the Bank of Ghana, further reinforcing its regulatory presence in the country.
Globally, Chipper Cash has secured over 55 licenses, including in key markets like the U.S., solidifying its position as a leader in financial innovation. The company’s mission is to deliver seamless and accessible financial solutions that empower individuals across Africa and beyond.
