Chipper Cash, one of the main Fintech companies in Africa, announced today that more than 50% of all Bitcoin transactions on its platform are now executed on the Lightning Network, marking one of the most important ray implementations in the real world to date.
The company, which serves millions of consumers and companies in Africa, has been using rays through the infrastructure supplier voltage to offer faster, cheaper and more reliable payments. This achievement shows the growing importance of Bitcoin’s ray network as a viable daily payment train in markets where inherited systems often fight.
“Payments enabled for lightning have the potential to empower and accelerate larger and reliable financial access throughout Africa,” said Maijid Moujaled, co -founder and president of Chipper Cash. “Voltage’s reliable infrastructure reduces the complexity of building lightning, which allows us to focus on the scale. With the voltage, the rays can really become the backbone for global payments in real time by delivering an almost instantaneous settlement at low cost for people and companies that need it most.”
Founded in 2018 as a peer remittance platform, Chipper Cash has evolved to a totally licensed Fintech supplier, which offers cross -border payments, virtual cards in association with visa, investment in shares and stablecoin rails. The rays have quickly become central for that expansion. What began as a weekend discovery of Moujaled himself has become an adoption throughout the continent, fed largely from mouth to mouth.
A Chipper Cash client described Lightning simply: “It’s like discovering fire,” highlighting speed and reliability compared to traditional methods.
In large part in Africa, financial infrastructure is plagued by interruptions and delays, according to the company. Even after years of operation, Fiat partners continue to experience inactivity time. Lightning, in contrast, offers almost moments and always active payments. For markets accustomed to unreliable systems, this represents a leap forward in financial accessibility.
The key success metrics of the Chipper Cash lightning ray include:
- More than 50% of Bitcoin transactions are now driven by lightning.
- Organically fed adoption through customer references.
- Faster experiences, softer cross -border and internal payment.
- Stronger resilience compared to fiduciary rails.
Integration also allows interoperability with Strike, Cash APP and other ray platforms, expanding the reach of Chipper worldwide. Recently, the company launched Chessa, allowing remittances through cryptographic with an instantaneous liquidation in more than 25 local fiduciary currencies. Lightning is in the nucleus of this offer.
“What Chipper Cash is doing with Lightning shows that emerging markets can exceed obsolete payment rails,” said Graham Krizek, CEO of Voltage. “With the voltage that feeds certain parts of its infrastructure, they have unbelieved instant, global and low -cost payments that work every time, everywhere.”
By integrating lightning as part of its payment infrastructure, Chipper Cash has positioned itself as a continental leader in the adoption of Bitcoin. With the growing demand for customers and voltage support, the company shows how African Fintechs can overcome obsolete systems and provide next -generation financial services today.
