Tuesday
November 24
2020

Billionaire Bezos Backs Start-up in Maiden Africa Investment

By Bella Genga

Jeff Bezos agreed to back Africa-focused financial technology company, Chipper Cash, making it his first start-up investment on the continent.

The world’s richest man’s personal venture capital fund, Bezos Expeditions, supported the Series B funding led by Ribbit Capital, which raised $30 million for the San Fransisco-based company.

Photo courtesy of Micheile Henderson.

Source: BNN Bloomberg (link opens in a new window)

Categories
Finance, Investing, Technology
Tags
fintech, funding, impact investing, mobile money, startups