Union54
YC S21 ↗Lusaka, ZM · Founded 2021 · 17 employees · 8 known investors
Union54 operates ChitChat, a messaging and payments application that combines encrypted messaging with USD card issuance and international fund transfers for users in Africa. The platform addresses high remittance costs by offering lower-fee cross-border payment capabilities for consumers and small businesses.
Founders & leadership· Y Combinator alumni (S21)
PM
Perseus Mlamboin𝕏Founder
AM
Alessandra Martiniin𝕏Founder
Investors · 8
LoftyInc CapitalHouston
Vibe CapitalNew York · $10K – $10Mvia Ankur Nagpal · inferred
Y CombinatorSan Francisco · $500K
ACE & CompanyreportedNew Yorkvia Sherif El Halwagy · inferred
Earl Grey Capitalreported · 2 sourcesAustin
Not Boring CapitalreportedNew York · $100K – $2M
Tiger Global ManagementreportedNew York · $1M – $100M
Ventures PlatformreportedAbuja · $50K – $1M
In the news
- ChitChat and Mastercard Launch Virtual Debit Cardsnewsroom.mastercard.com · 2024
- Tiger Global-Backed Startup Union54 Joins Africa’s Super App Race - Bloombergbloomberg.com · 2023
- After chargeback fraud debacle, Union54 CEO says fintech in Africa 'isn't child's play' | TechCrunchtechcrunch.com · 2023
- Union54, is now is now offering virtual debit and credit cards to Zambianstechcabal.com · 2022
- Zambian Card Issuer Union54 Raises $12M | Brand Spurbrandspurng.com · 2022
- Zambia-based card issuing startup, Union54, raises $12m in seed funding - Technexttechnext24.com · 2022
- Zambian card issuing startup Union54 raises $12M led by Tiger Global – TechCrunchtechcrunch.com · 2022
- Union54 raises $3m in Seed funding, Sarah Wolternews.fintech.io · 2021