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The deal, subject to authorities’ approval, would bring to Chipper Cash new online services, a new agent network and entry to Zambia. Chipper Cash executives said the deal would bring together complementary products and services, allow the two companies to connect consumers and businesses across Africa.
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“Bringing these companies together under the Chipper umbrella will mean we can open up even more borders, bringing quality financial services to life in more countries and connecting more people across the continent,” Chipper Cash Vice President of Corporate Development Laura Kennedy said in the report.
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