American business magazine, Forbes, has included two African-owned startups, Chipper Cash and Esusu, among 2022 Edition or Forbes Fintech 50.

The latest Forbes Fintech 50 winners were confirmed on the Forbes official website on Wednesday.

Ripples Nigeria gathered that Chipper Cash was founded by two Africans, Uganda’s Ham Serunjogi and Ghana’s Maijid Moujaled.

Chipper Cash was founded in 2018 and has since expanded its payments footprint in Ghana, Uganda, Tanzania, Rwanda, South Africa, Kenya and Nigeria.

Describing Chipper Cash, Forbes stated: “One new standout is Chipper Cash, a San Francisco-based startup launched by two twenty-somethings from Uganda and Ghana that helps Africans transfer money cheaply, buy U.S. stocks and invest in crypto. Founded in 2018, it already has more than five million users and a $2.2 billion valuation.”

On the other hand, Esusu provides rent reporting, property management analytics, and rental assistance unlocking financial access for renters and property owners.


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