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News Explorer — Chipper Cash Payments Firm Clarifies SVB Exposure, Denies Sales Talks

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Mar 15, 12:01 am
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Chipper Cash Payments Firm Clarifies SVB Exposure, Denies Sales Talks

African Fintech company Chipper Cash, which was backed by FTX and Silicon Valley Bank, may be facing financial issues. However, CEO Ham Serunjogi stated that the effect of the banks' failures was insignificant. Chipper Cash has multiple banking partners and has never sought to be acquired. Despite the turmoil, customer operations were not interrupted and the bank played a special role in supporting the company.

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