Chimoney, a fintech platform enabling businesses to send global bulk payouts to emails, phone numbers, or Twitter handles, has achieved a major breakthrough by joining the prestigious Techstars Toronto Accelerator program.
With a clear mission to democratize access to global payments and foster financial inclusion, Chimoney’s journey takes a significant leap forward through its participation in the Techstars program.
Chimoney’s inception was fueled by the desire to eliminate barriers to global payments and extend financial opportunities to all corners of the world. Amidst the millions who lack traditional banking access, Chimoney’s innovative platform enables businesses to send bulk payouts easily, allowing recipients to cash out through various methods such as banks, gift cards, crypto, mobile money, and airtime. The transformative power of Chimoney enables businesses to seamlessly pay anyone, anywhere, by using just an email or phone number.
Uchi Uchibeke, the Founder and CEO of Chimoney, shared his perspective, stating, “Techstars Toronto’s support is a pivotal moment as we work toward our goal of universal access to global payments. Collaborating with Techstars ignites our mission to empower more people worldwide through financial inclusion, which remains at the core of everything we do.”
Uchibeke’s personal journey informs Chimoney’s dedication to inclusivity. Having faced financial struggles during his move to Canada for education, his experiences led him to establish Chimoney, leveraging his professional background at Shopify, RBC, and IBM, as well as his role as founder of AfricaHacks.
Chimoney’s innovative prowess extends beyond industry boundaries, promising not just financial accessibility but also the empowerment of lives globally. By offering a flexible and comprehensive payment solution, Chimoney is pioneering a transformation in economic landscapes. Whether it’s remote workers in emerging economies, students with scholarships, or community members receiving rewards, Chimoney’s impact resonates on a daily basis.
The allure of Chimoney’s economic empowerment has captured the attention of investors and partners alike. With a visionary platform, audacious mission, and the backing of esteemed investors like Techstars, Chimoney stands poised to revolutionize the global payments arena.
Participating in the Techstars program offers Chimoney the opportunity to accelerate growth, establish strategic alliances, and create a lasting imprint on the realm of global payments and financial inclusivity. Backed by the resources of Techstars, Chimoney is geared to reshape global transactions and cultivate a more encompassing financial ecosystem, one payment at a time.