Finance

Eversend Vs Chipper Cash: Differences, Similarities, Which Is Better?

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 Eversend Vs Chipper Cash: Differences, Similarities, Which Is Better ?

Chipper Cash and Eversend have transformed the way individuals and businesses manage their financial transactions, especially in emerging markets. 

This blog post is written to make a comparison between eversend and chipper cash.

In the article, we’ll delve into the features, similarities, and differences between these two prominent fintech companies.

By the end of the article, you should be able to make an informed decision on which one in particular meets your needs and preference.

Without having to take your time, kindly delve in right now.

Eversend Vs Chipper Cash: Differences, Similarities, Which Is Better?

Eversend Vs Chipper Cash: Differences, Similarities, Which Is Better 
Eversend Vs Chipper Cash: Differences, Similarities, Which Is Better

Brief Info About Eversend 

Eversend is a fintech company that offers a payment platform with various services. 

It’s a financial platform founded in 2017 by Stone Atwine, alongside Ronald Kasendwa.

Eversend has surpassed 500,000 users globally as of July 26th, according to a recent announcement by the company.

Eversend aims to embrace its mission of financial inclusion through crowdfunding. The company offers a payment platform that enables mobile-based cross-border payments, virtual cards, crypto, stock trading, and asset-backed credit.

Eversend’s goal is to become a one-stop shop for financial services, particularly targeting Africans.

Brief Info About Chipper Cash 

Chipper Cash is a financial technology company that provides mobile-based inter regional payment services in Africa.

Chipper Cash was founded in 2017 by Ham Serunjogi and Maijid Moujaled. 

They met while studying at Grinnell College in Iowa, United States, in 2012.

Today, Chipper Cash has experienced significant growth in its user base. The company had over 5 million registered users this indicates substantial growth within a short period.

Impact: Chipper Cash aims to provide financial inclusion in Africa by providing easy and affordable international payment solutions. 

Read: Piggyvest And Cowrywise: Which Is Better?

The company allows users to send and receive money, make payments, and access other financial services through their mobile phones. 

Chipper Cash’s services have helped process millions of transactions, contributing to the growth of digital financial services in the region.

Eversend Vs Chipper Cash Features And Differences

Here are some features and differences between Eversend and Chipper Cash:

Eversend:

Eversend is a financial technology company that offers a payment platform.

It provides mobile-based international payments, virtual cards, crypto, stock trading, and asset-backed credit.

Eversend aims to become a one-stop shop for financial services, particularly targeting Africans.

They have surpassed 500,000 users globally as of July 26th, 2023.

Chipper Cash:

Chipper Cash on the other hand is a financial technology company that provides mobile-based international payment services in Africa.

They allow users to send and receive money, make payments, and access other financial services through their mobile phones.

Chipper Cash has over 5 million registered users as of June 2022, this shows they have experienced a significant growth just within a few couple of years..

The company aims to provide financial inclusion in Africa by providing easy and affordable international payment solutions.

Differences:

Eversend offers virtual cards, crypto, stock trading, and asset-backed credit, while Chipper Cash focuses on mobile-based cross-border payments.

Eversend targets a global user base, while Chipper Cash specifically focuses on Africa.

Eversend has surpassed 500,000 users globally, while Chipper Cash has over 5 million registered users in Africa.

Eversend vs Chipper Cash Similarities: Which Is Better?

When comparing Eversend and Chipper Cash,  we must also consider their similarities and differences to determine which platform may be better suited to individual needs. 

Here are some similarities between the two platforms, along with considerations for evaluating which one may be a better fit:

Similarities:

Financial Inclusion: Both companies are committed to promoting financial inclusion by making use of technology to provide accessible and affordable financial services. 

Eversend and Chipper Cash aim to empower individuals who may have been underserved by traditional banking systems, thereby contributing to greater economic participation and opportunity.

Mobile-Based Services: Eversend and Chipper Cash prioritize mobile-based financial services, acknowledging the widespread use of mobile devices as a primary means of accessing financial tools and conducting transactions, particularly in emerging markets. 

This emphasis on mobile accessibility underscores their efforts to meet the needs of a digitally connected user base.

Eversend Vs Chipper Cash: Which Is Better?

When it comes to determining on which platform is better depends, you need to patiently look at some factors stated in the article as it can help you in making the right decision.

Your preference and specific need is also very important.

I have provided you information about the features, similarities and differences between the two giant fintech companies.

To ensure you choose the one that will meet your needs, I’ll encourage you to download the two apps and sign up, explore the two of them and or use them for a while before finally deciding on which to choose.

FAQs On Eversend Vs Chipper Cash: Differences, Similarities, Which Is Better 

Here are some helpful frequently asked questions on Eversend Vs Chipper Cash: Differences, Similarities, Which Is Better with answers:

Who are Eversend competitors?

Eversend has many competitors. However, some of Eversend’s competitors include LemFi, FairMoney, and PalmPay, Renmoney, Cowrywise etc.

Which is better: Chipper Cash or PayDay?

How much is $1 dollar on Chipper Cash? 

As of the time this article was written, $1 dollar is equivalent to N1,254 on Chipper Cash.

However, you need to understand that fluctuation can occur any moment which can lead to a change.

Can I convert Naira to dollars in Chipper Cash?

Yes, you can convert naira to cash on chipper cash by signing up, and following the instructions to get it done on the app.

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