FTX helped Chipper add $150m to a series C round valuing the cross-border payment platform developer at over $2bn.
US-headquartered cross-border payments services provider Chipper Cash has expanded its series C round to $250m with a $150m extension led by cryptocurrency exchange FTX, TechCrunch reported yesterday.
FTX was joined in the extension by venture debt group SVB Financial Group’s venture capital arm, SVB Capital, as well as Deciens Capital, Ribbit Capital, One Way Ventures, Tribe Capital and Bezos Expeditions.
The close valued Chipper at just over $2bn, CEO Ham Serunjogi told TechCrunch. SVB Capital led the round’s $100m first…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.