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Chapa

Ethiopia's first online payment gateway

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Chapa is Ethiopia's first fintech payment gateway, enabling Ethiopian businesses to accept online payments from cards and mobile money. Operates in a heavily regulated and underbanked market with very limited digital payment infrastructure.

Facts about Chapa

Company type
Fintech
Funding stage
Seed
Founded
2021
Founders
Newayemedhin Seifu, Israel Goytom
Headquarters
Addis Ababa, Ethiopia
Markets
🇪🇹Ethiopia
Total disclosed funding
$1.4M+
Valuation
Undisclosed

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