Chipper Cash Partners with MoneyGram and Stellar for Real-Time Cash In and Cash Out Services
Chipper Cash customers can now access real-time cash-in and cash-out services using MoneyGram agents, powered by the Stellar blockchain network. This strategic integration marks a new phase of financial inclusion and accessibility, offering unprecedented convenience for users across the globe.
The collaboration brings together Chipper Cash, Stellar, and MoneyGram, three influential players in the financial technology sector. MoneyGram, a global leader in money transfers, has partnered with the Stellar Development Foundation (SDF), a non-profit organization focused on the development of the Stellar blockchain, to launch an innovative global money movement service. This first-of-its-kind solution aims to bridge the gap between individuals and top-tier financial services at scale, signaling the potential for future market expansion.
With this integration, Chipper Cash—a Stellar-enabled anchor—provides users with the ability to cash in and cash out from their digital wallets via MoneyGram’s extensive physical agent network. This collaboration leverages Stellar’s blockchain technology and MoneyGram’s global retail infrastructure, offering Chipper Cash users enhanced ways to interact with and manage their money.
Tefiro Serunjogi, Head of Consumer Products at Chipper Cash, expressed the company’s enthusiasm for the partnership: “At Chipper Cash, we are always seeking new ways to expand financial access and inclusion across Africa and beyond. By integrating with MoneyGram’s global network and Stellar, we are thrilled to offer our users more seamless transactions. This partnership reinforces our commitment to empowering individuals with innovative tools to access the digital economy, transforming how people manage their money on a global scale.”
This integration is a significant step forward in deepening partnerships across the financial services landscape, with plans to expand into additional markets in the near future. The combined power of Chipper Cash’s fintech platform, MoneyGram’s vast global reach, and Stellar’s blockchain technology is set to reshape how people across the world engage with financial services.
