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African payment startup Chipper Cash raises $13.8 M Series A

African payment startup Chipper Cash raises $13.8 M Series A

by | Jun 17, 2020 | Startups

African cross-border fintech startup Chipper Money has closed a $13.8 million Series A financing round led by Deciens Capital and plans to employ 30 brand-new staff globally. The raise caps an event-filled run for the San Francisco-based payments company, established 2 years earlier by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled. The 2 pertained to America […] The two came to America for academics, satisfied in Iowa while studying at Grinnell College and ventured out to Silicon Valley for stints in huge tech: Facebook for Serunjogi and Flickr and Yahoo! With the round statement, Chipper Cash also exposed a business social duty effort. The Chipper Fund for Black Lives will provide five to 10 grants of $5,000 to $10,000. In Africa, Chipper Cash has positioned itself in the continent’s major digital payments markets. Chipper Cash expanded there in 2019 and deals with competitors from a number of gamers, consisting of regional payments venture Paga….

Impossible Foods presents to nearly 1,000 new supermarket and grocery stores

Impossible Foods presents to nearly 1,000 new supermarket and grocery stores

by | Apr 16, 2020 | Startups

Beginning tomorrow, 777 grocery stores in California, Illinois, Indiana, Iowa and Nevada will start stocking the Impossible Foods plant-based meat alternative. Fueling the increased distribution and a push to expand its item suite and geographical footprint locally and internationally is a $500 million round of funding the company closed in March. Some of that money is […] “We’ve constantly prepared on a significant surge in retail for 2020– however with more and more Americans’ consuming at house, we’ve gotten requests from sellers and customers alike,” stated Difficult Foods’ president Dennis Woodside, in a declaration.”Our No. 1 priority is the security of our customers, employees and customers,” Woodside stated. …