
By: Our Staff Writer
Addis Ababa (Ethiopia Today, April 22, 2023): Chapa, Ethiopia’s leading fintech firm, has announced the achievement of a new milestone in its transaction volume, processing more than 1 billion ETB digital transactions since the start of 2023.
According to Chapa Financial Technologies, this accomplishment represents a staggering 500% growth over the previous year’s numbers.
With more than 100 million ETB transactions processed in the previous quarter alone, Chapa is firmly positioned as a leader in the Ethiopian fintech industry. The company’s success can be attributed to its commitment to innovation, reliability, and customer satisfaction.
Chapa has onboarded businesses of all sizes and provided them with innovative payment solutions that enable them to accept payments quickly and securely.
As part of its growth strategy, Chapa has partnered with several banks and other financial institutions to provide users with a seamless and secure experience. Chapa plans to continue expanding its network of partners to ensure that its platform remains accessible to everyone in Ethiopia.