Weeks after closure, African fintech Chimoney secures acquisition deal as CapitalSage expands to Canada
Chi Technologies Inc., the parent company of Chimoney, has signed an agreement in principle to be acquired by CapitalSage…
Tag: Chimoney
Chimoney to be acquired four weeks after announcing shutdown
Chi Technologies Inc., the parent company of Chimoney, the Canada-based cross-border payment infrastructure startup that announced its shutdown in May,…
Dabafinance – Nigerian Fintech Chimoney Shuts Down After Funding Shortfall
STARTUP VENTURE CAPITALMay 18, 2026 at 10:37 AM UTC TLDR Chimoney, a Nigerian-founded fintech offering cross-border payment tools, ceases operations…
Cross-Border Payments Startup Chimoney Closes Shop After 4 Years
The facility, led by Barton Heyman Limited in partnership with the Rural Electrification Agency (REA), UK PACT, First City Monument…
Nigerian Fintech Startup Chimoney Shuts Down Operations Over Funding Crunch – Tekedia
Uchibeke explained the Chimoney’s shutdown in a detailed public post, stating that the decision followed four years of building cross-border…
Nigerian-founded fintech Chimoney shuts down after struggling to scale cross-border payments business
The Canada-based company told customers in a May 1 email that it had stopped processing new transactions and integrations…
FINTECH AFRICA | Web3-Backed Nigerian Fintech, Chimoney, Shuts Down Exposing Vulnerabilities of Startup Infrastructure
Nigerian Canadian fintech startup, Chimoney, has shut down after failing to raise enough capital to sustain its cross-border payments business,…
Chimoney shuts down after failing to raise enough capital
Chimoney, a Nigerian-founded fintech that built cross-border payment infrastructure for businesses, has shut down, citing a lack of capital to…
Techstars-Backed Chimoney Shuts Down After Failing To Crack Distribution
Chimoney, a fintech startup that built a unified API for cross-border payments across 41 currencies, is shutting down, Founder/CEO, Uchi…
Canadian Fintech Startups to Watch in 2026 | Fintech.ca
Canada’s fintech story is entering a new chapter. After a decade defined by challenger banks and consumer apps, the next…