Chimoney, a revolutionary global payouts platform, has been selected for the prestigious Techstars Toronto Accelerator program, a recognition of the company’s significant impact on financial inclusion and economic empowerment worldwide. Chimoney enables businesses to send bulk payouts to emails, phone numbers, or Twitter handles, providing recipients with the flexibility to cash out to banks, gift cards, crypto, mobile money, airtime, and more.
Since its inception by Uchi Uchibeke, Chimoney has been dedicated to democratizing access to global payments, breaking down barriers, and fostering financial inclusion for people around the world, regardless of their location or financial status. With Chimoney, Businesses can pay one or one million people anywhere in the world with the click of a button using just an email or phone number. This commitment to making a positive impact has earned Chimoney a place in the renowned Techstars program.
Chimoney’s platform enables individuals without bank accounts to receive payments through alternative methods like mobile money, airtime, and crypto. This not only fosters financial inclusion but also provides new opportunities for economic empowerment, especially for remote workers and individuals in developing countries.
As the world continues to embrace remote work and online communities, the need for efficient global payouts becomes increasingly evident. Chimoney’s platform addresses this need by allowing businesses to send bulk payouts to emails, phone numbers, or even Twitter handles. Recipients can then cash out to their preferred method, including bank accounts, gift cards, cryptocurrency, mobile money, or airtime.
Chimoney’s innovative approach has already garnered attention from major partners and investors. The company recently secured an investment from the prestigious Techstars Toronto Accelerator program, which is known for backing high-potential startups with a global vision. Uchi’s inspiring journey from Nigeria to becoming a fintech CEO in Canada is a testament to the impact that Chimoney aims to achieve.
Techstars is a global platform for investment and innovation, with a mission to empower entrepreneurs and startups to bring new technologies to market. The Techstars Toronto Accelerator program is highly competitive, selecting only a few startups each year to participate. Being accepted into the program is a testament to Chimoney’s potential and the significant impact it’s already making in the fintech space.
The Techstars program provides startups with mentorship, investment, and resources to accelerate their growth and achieve their goals. Techstars has a proven track record of success, with alumni companies going on to become industry leaders and achieving multi-billion-dollar valuations.
“Being part of Techstars Toronto is an exciting opportunity to accelerate our growth and make a lasting impact on the global payments landscape,” said Uchi Uchibeke, CEO of Chimoney. “We’re thrilled to work with Techstars to achieve our vision of a world where global payments are accessible to all.”
Chimoney’s acceptance into the Techstars Toronto Accelerator program marks a significant milestone in the company’s journey and reflects its commitment to revolutionizing global payments and promoting financial inclusion. With the support of Techstars, Chimoney is poised to become a global leader in the fintech space and achieve its mission to unlock economic opportunities for everyone by making global payments accessible to everyone.
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