Chipper Cash Processes Over Half of Bitcoin Transfers via Lightning Network
Voltage, an infrastructure provider, enabled African fintech company Chipper Cash to process more than 50% of its Bitcoin transfers on the Lightning Network. Millions across Africa now use this layer-two payment system, a key application in the crypto sector.
Why the Shift to Lightning Network Matters
The move to the Lightning Network responds to the need for faster, cheaper payments in regions with unreliable financial services. Maijid Moujaled, Co-founder and President of Chipper Cash, said the integration improves financial access.
“Voltage’s reliable infrastructure reduces the complexity of building on Lightning, allowing us to focus on scale,” Moujaled said in a statement. “With Voltage, Lightning can truly become the backbone for global, real-time payments by delivering near-instant settlement at low cost.”
The adoption grew organically among Chipper Cash’s seven million users, spreading through word-of-mouth without heavy marketing. The partnership lets Chipper Cash use Voltage’s API to support its operations.
Impact on Emerging Markets and Global Payments
Graham Krizek, CEO of Voltage, highlighted the importance of this development for emerging economies. “What Chipper Cash is doing with Lightning proves that emerging markets can leapfrog outdated payment rails,” Krizek said in a blog post. “They’ve unlocked instant, global, and low-cost payments that work every time, everywhere.”
The integration also supports interoperability with other Lightning-powered apps like Strike and Cash App. This connects African users to a wider global payments network.
This functionality is key to new products such as Chessa, a Chipper Cash service that enables remittances in over 25 local fiat currencies using crypto.
