Chipper Cash, a
leading fintech company, has announced a significant breakthrough in its
operations in Ghana. The company has been granted a broker-dealer license by
the Ghana Securities and Exchange Commission, enabling its customers in the
country to access fractional US stocks and direct market access.
This license
allows Chipper Cash customers to invest in high-priced stocks or ETFs with
smaller amounts of money, making it easier for individuals to engage with
financial markets and build wealth. The license also enables faster trade
execution and better pricing for customers.
The company has
secured over 55 licenses globally, including in key markets like the US, and
continues to lead the way in financial innovation within Africa and beyond.
Chipper Cash noted the importance of compliance with local regulations, ensuring trust, security,
reliability, and long-term growth. The company is excited to bring innovation
in financial markets to Ghana and will continue to roll out new products and
features, empowering customers across the continent to achieve their financial
goals.
With this
license, Chipper Cash reinforces its position as a leader in financial
innovation, committed to making financial markets more accessible and inclusive
for all.
By: Nana Appiah Acquaye
