Chipper Cash, one of Africa’s leading fintech companies, announced today that more than 50% of all Bitcoin transactions on its platform are now running over Lightning Network, which marks one of the most significant real world installations of lightning to date.
The company, which serves millions of consumers and businesses throughout Africa, has used lightning through infrastructure provider voltage to deliver faster, cheaper and more reliable payments. This performance well shows the growing significance of Bitcoin’s Lightning Network as a viable everyday payment rail in markets where older systems often fight.
“Lightning -activated payments have the potential to strengthen and accelerate greater, more reliable financial access throughout Africa,” said Maijid Moujaled, co -founder and president of Chipper Cash. “The reliable infrastructure of the tension reduces the complexity of building on lightning, which allows us to focus on scale. With excitement, lightning can really become the backbone of global, real -time payments by delivering almost instant settlement at low costs for people and businesses that need it most.”
Founded in 2018 as a peer-to-peer transfer platform, Chipper Cash has since evolved into a fully licensed fintech provider offering cross-border payments, virtual cards in partnership with Visa, Equity Investment and StableCoin Rails. The lightning has quickly become central to this expansion. What began as a weekend discovery of moujaled himself has grown to adoption of continent, burned largely by mouth.
A wood chipper customer simply described lightning, “It’s like discovering fire,” emphasizes the speed and reliability compared to traditional methods.
Across large parts of Africa, economic infrastructure is plagued by power cuts and delays, according to the company. Even after years of operation, Fiat partners continue to experience downtime. Lightning, on the other hand, almost delivers instant, always on payments. For markets that are used to unreliable systems, this represents a leap forward in economic accessibility.
The most important success measurements from Chipper Cash’s Lightning Rollout include:
- Over 50% of Bitcoin transactions are now powered by lightning.
- Adoption burned organically through customer references.
- Faster, smoother cross -border and domestic payment experiences.
- Stronger resilience compared to Fiat rails.
Integration also enables interoperability with strike, cash app and other lightning platforms, which expands Chipper’s reach globally. Recently, the company launched Chessa, which enabled transfers via crypto rails with immediate settlement in over 25 local Fiat currency. The lightning is at the heart of this offer.
“What Chipper Cash is doing with Lightning proves that new markets can jump from outdated payment rails,” said Graham Krizek, CEO of excitement. “With excitement that drives certain parts of their infrastructure, they have unlocked immediate, global and low costs that work every time, everywhere.”
By integrating lightning as part of its payment infrastructure, Chipper Cash has positioned himself as a continental leader in the Bitcoin venue. With growing customer needs and support from excitement, the company shows how African Fintechs can jump from outdated systems and provide the next generation’s financial services today.