{"id":19493,"date":"2025-03-28T04:31:32","date_gmt":"2025-03-28T04:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19493"},"modified":"2025-03-28T04:31:32","modified_gmt":"2025-03-28T04:31:32","slug":"ripple-strikes-major-deal-with-african-payments-giant","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19493","title":{"rendered":"Ripple Strikes Major Deal With African Payments Giant"},"content":{"rendered":"
\n

Ripple Labs has announced a new partnership with the prominent fintech company Chipper Cash to streamline cross-border payments on the African continent. The agreement, disclosed today through an official press release, involves the integration of Ripple\u2019s crypto-enabled payments technology into Chipper Cash\u2019s platform\u2014a collaboration that both parties believe will enhance the speed, cost-efficiency, and reliability of transactions within and into Africa.<\/p>\n

Ripple Teams Up With Chipper Cash<\/h2>\n

According to the press release<\/a>, Chipper Cash will utilize Ripple Payments, leveraging digital assets to offer users round-the-clock access to incoming funds at a lower cost than current legacy options. As a result, consumers across Chipper Cash\u2019s footprint\u2014spanning nine countries in Africa\u2014are expected to benefit from significantly reduced friction when receiving money from virtually anywhere in the world.<\/p>\n

\u201cOur partnership with Chipper Cash marks a key milestone in the expansion of Ripple\u2019s business in Africa. Consumers and businesses across the continent are increasingly recognizing the potential of blockchain technology, and we are excited to bring our crypto-enabled payments solution to our partners in the region,\u201d said Reece Merrick, Managing Director, Middle East and Africa, at Ripple.<\/p>\n

By integrating our technology into Chipper Cash\u2019s platform, we\u2019re enabling faster, more affordable cross-border payments while driving economic growth and innovation across the markets they serve. [\u2026] As the global cross-border payments market grows, more institutions like Chipper Cash are tapping into the transformative power of blockchain technology to drive efficiency and innovation,\u201d the Ripple exec added.<\/p>\n

\u201cCrypto-enabled payments have the potential to enable greater financial inclusion, accelerate access to global markets, and empower businesses and individuals across Africa,\u201d said Ham Serunjogi, Co-Founder & CEO at Chipper Cash, adding \u201cthrough integrating with Ripple\u2019s global payments network, we are excited to be able to harness the transformative potential of blockchain technology to enable consumers to receive payments faster and at lower cost.\u201d<\/p>\n

The collaboration builds on Ripple\u2019s existing footprint in the region, which began with a partnership with Onafriq<\/a> in 2023. Through these efforts, Ripple has solidified its reputation as a provider of digital asset infrastructure for financial institutions worldwide. According to the company, Ripple Payments now reaches 90+ payout markets, covering more than 90% of daily foreign exchange markets and processing over $70 billion in volume.<\/p>\n

Chipper Cash, launched in 2018, has seen significant growth in user adoption and funding. According to its latest data, the company now serves millions of customers across Africa and beyond. Publicly released figures also show that Chipper Cash completed a $150 million Series C round in November 2021, led by FTX<\/a>, pushing the startup\u2019s valuation to around $2 billion and bringing its total capital raised to $305 million.<\/p>\n

With nearly 300 employees distributed across a global network of offices, Chipper Cash\u2019s headquarters remain in San Francisco, with key presences in Kenya, Nigeria, Ghana, Uganda, the UK, South Africa, Australia, Colombia, Tanzania, and Canada.<\/p>\n

At press time, XRP traded at $2.32.<\/p>\n

\"XRP<\/div>\n","protected":false},"excerpt":{"rendered":"

Ripple Labs has announced a new partnership with the prominent fintech company Chipper Cash to streamline cross-border payments on the African continent. The agreement, disclosed today through an official press release, involves the integration of Ripple\u2019s crypto-enabled payments technology into Chipper Cash\u2019s platform\u2014a collaboration that both parties believe will enhance the speed, cost-efficiency, and reliability […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-19493","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19493"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19493\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}