Chipper Cash Launches USD Account in Nigeria to Enable People to Receive Dollars Directly Into Their Account
Cross-border payments app Chipper Cash has launched a USD account in Nigeria to enable people to gain access to a USD number and receive dollars directly into their accounts.
With the Chipper USD account, customers can fund their Chipper Card to shop, stream, and spend online. The startup offers instant account opening.
Chipper Cash is first launching the USD account in Nigeria and has announced plans to roll out the product in other countries in Africa. Customers in Nigeria can now apply for a Chipper USD via Chipper Cash.
With the launch of the Chipper USD account, creators, remote workers, and freelancers can receive dollars directly into their accounts, enabling them to engage in global commerce more efficiently.
The feature will also simplify transactions with international partners, payers, and funders by reducing exposure to exchange rate fluctuations.
In an increasingly interconnected world, Chipper Cash understands that access to financial services is a key requirement for economic growth and individual empowerment.
Also, with just 50% of creators using new platforms and technologies to monetize their content and reach a wider audience, access to financial services that make receiving funds as smooth as possible counts.
The Fintech startup firmly believes that easy access to trusted and reliable financial services can serve as a catalyst for economic development, global trade, and financial inclusion on the African continent.
Founded in 2018 by Ham Serunjogi and Maijid Moujaled, the company’s primary aim is to facilitate digital financial inclusion and cross-border payments in Africa.
Through its platform, Chipper Cash offers a convenient and cost-effective way for people in different African countries to transfer funds to family and friends.
The startup has established partnerships with several banks and other financial institutions to enhance its services and reach.
By facilitating economic transactions, especially across borders, Chipper Cash plays a role in stimulating economic growth and increasing financial activity in various African countries.
In many African countries, a significant portion of the population lacks access to traditional banking services. Chipper Cash offers a mobile-based, user-friendly platform that allows people to have access to basic financial services like sending and receiving money, paying bills, and more.
This helps bridge the financial inclusion gap, enabling people who were previously excluded from the formal financial system to participate in the economy.
Overall, Chipper Cash’s impact in Africa is significant, as it addresses many financial challenges faced by individuals, businesses, and economies on the continent.
The Fintech company contributes to greater financial inclusion, facilitates regional and international trade, and empowers individuals and businesses in the African region to take control of their financial lives.
