Ham Serunjogi and Maijid Moujaled
Ugandan-born Ham Serunjogi and Ghanaian-born Maijid Moujaled founded Chipper Cash in San Francisco. The two met while studying at Grinnell College. After college, they had stints in big tech firms: Facebook for Serunjogi and Flickr and Yahoo! for Moujaled.
Their firm offers a cross-border, peer-to-peer payments service in African countries such as Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya. The firm currently has 3 million users on its platform and processes an average of 80,000 transactions daily, according to Techcrunch. It raised $30 million in a Series B funding round led by Ribbit Capital, a U.S.-based VC firm that invests in early-stage startups.
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