CapitalSage has acquired Chimoney weeks after its shutdown announcement. The deal gives CapitalSage a regulated Canadian payments infrastructure foothold and accelerates its Africa–Canada corridor ambitions.
After four years and less than $1 million raised, cross-border payment startup Chimoney is shutting down. The company’s closure exposes the capital intensity of global fintech infrastructure and the consequences of weak distribution despite early growth signals.
We have sent your verification link.
If your account exists, your reset email is on the way.
