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FinTech news in africa layoffs category

Chipper Cash lays off around 100 of its dev team in the second round

FTX marked down Chipper Cash’s $2B valuation to $1.25B The company says it has over 5 million customers across Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya — and more recently, the U.S. and U.K., where the FTX-backed startup expanded last year to facilitate peer-to-peer money movement from both countries to select regions in Africa.