Blockchain firm Ripple has partnered with payments provider Chipper Cash to facilitate cross-border transactions into Africa using Ripple Payments, the companies announced Thursday. The collaboration aims to improve the speed and cost-efficiency of remittances and financial transfers to the continent.
Expanding Blockchain-Based Cross-Border Payments
Chipper Cash, which serves five million customers across nine African countries, will integrate Ripple’s crypto-enabled payments solution to streamline fund transfers. The partnership enables customers to receive money from around the world instantly, operating 24/7 throughout the year.
The move builds on Ripple’s ongoing expansion into Africa following its 2023 partnership with Onafriq. The company, which provides digital asset infrastructure for financial institutions, says its payments network covers over 90 payout markets and has processed more than $70 billion in transactions globally.
“Consumers and businesses across Africa are recognizing the potential of blockchain technology,” said Reece Merrick, managing director for the Middle East and Africa at Ripple. “By integrating our technology into Chipper Cash’s platform, we’re enabling faster, more affordable cross-border payments while driving economic growth.”
Africa’s Crypto Adoption and Regulatory Growth
As more African businesses and consumers embrace digital assets, financial firms are increasingly turning to blockchain-based solutions. Crypto transactions in Africa have surged in recent years, driven by remittance needs and mobile-based financial services.
Ham Serunjogi, co-founder and CEO of Chipper Cash, said the partnership underscores the role of crypto-enabled payments in improving financial inclusion. “Integrating with Ripple’s network allows us to bring lower-cost, faster payments to millions,” he said.
Ripple, which holds over 60 regulatory licenses globally, describes its payments infrastructure as secure and compliant with international standards. The company has positioned itself as a leader in blockchain-based financial services, helping institutions tokenize and move digital assets efficiently.
With this latest expansion, Ripple continues to grow its presence in Africa’s evolving financial landscape, where regulatory frameworks for digital assets are gradually taking shape.
