Chipper Cash, co-founded by Ham Serunjogi, closes deal with AS Roma
Chipper Cash, a payments company that was co-founded by Ugandan software developer Ham Serunjogi, has closed a deal with AS Roma which announced that the fintech will now be its “official money transfer platform for Africa.”
The Rome-based football club in a Thursday statement said the commercial partnership is its first in Africa as it moves to advance football on the continent.
The two organizations will be making special edition AS Roma x Chipper footballs that are handmade in Africa and made to last eight times longer than standard synthetic balls.
The balls are being made in partnership with Alive and Kicking, the world’s only not-for-profit ball manufacturer and the only formal ball producer on the African continent.
The balls will be distributed to grassroots programs in disadvantaged communities in Kenya, Ghana, Uganda, Nigeria and South Africa, as well as through AS Roma’s youth partners in Nigeria.
“We are delighted to welcome Chipper into the AS Roma family,” said Giorgio Brambilla, Commercial Director at AS Roma.
“We have been greatly impressed by what Chipper has already achieved in such a short space of time with their technology and financial solutions. Their plans for the future are hugely ambitious.”
Ham Serunjogi cofounded Chipper Cash with Maijid Moujaled, a Ghanaian software developer whom he met while at university in the U.S.
The startup, which is based in San Francisco, but with operations in Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya -- currently operates with a global workforce, with staff in seven countries on the continent.
Chipper provides financial services that allow its users to move their money freely at home, across the continent and around the world.
Inspired by the Chipper’s mission to ‘chip away’ at the financial challenges facing the region, AS Roma and Chipper have utilized their respective expertise to design a set of drills that incorporates financial education with football training.
This fun, educational, and creative set of drills will not only be given out with each football but will be made available for free to everyone.
At the 2018 World Cup, with Italy having failed the qualify for the tournament, Roma famously lent its support to Nigeria’s national team, the Super Eagles, before becoming the first football club in the world to launch dedicated social media accounts in both Pidgin and Swahili, both of which will now be presented by Chipper.
“Our mission at Chipper is to unlock opportunities and bring Africa together, one transaction at a time,” said Hasan Luongo, Vice President of Growth at Chipper.
“At Chipper, we wanted a partner that shared our vision for unlocking opportunities and developing football in Africa and, in AS Roma, we have found the perfect fit. Partnering with AS Roma provides a unique opportunity to both celebrate and support AS Roma and the continent’s unmatched passion for the game of football.”
The startup, which also recently closed a partnership with Visa, has raised a total of $22-million in investment since inception, with some of it coming from Joe Montana, an American former professional football player.
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