Chipper Cash picks up $30m in raise backed by Jeff Bezos

Just a few months after its latest raise, Chipper Cash has now added another $30m to its coffers in a raise backed by Jeff Bezos’ private VC fund Bezos Expeditions.

The raise was led by Ribbit Capital, the investor that has previously backed FinTech success stories like Robinhood and Razorpay.

Chipper Cash was founded in 2018 and provides mobile-based P2P payments as well as a merchant-focused fee-based payment product called Chipper Checkout.

?Well always be a P2P financial transfer platform at our core,Ham Serunjogi, founder of Chipper Cash, told TechCrunch. “But weve had demand from our users to offer other value services? like purchasing cryptocurrency assets and making investments in stocks.”

Chipper Cash most recently closed a Series A round in June worth $13.8m. Deciens Capital, Raptor Group, 500 Startups and Liquid 2 Ventures supported that raise.

Prior to that, Chipper Cash had netted $6m in a seed round in December 2019.

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