About Chimoney
Chimoney is a company based in Toronto (Canada) founded in 2020 was acquired by CapitalSage in June 2026. Chimoney has raised $20 thousand across 2 funding rounds from investors including Techstars, CapitalSage and Accelerator Centre. Chimoney has completed 1 acquisition, including Scrim. Chimoney offers products and services including Multi-currency Wallets, Payouts & Disbursements, and Developer API. Chimoney operates in a competitive market with competitors including Square, Airwallex, Tipalti, CyberSource and InstaReM, among others.
- Headquarter Toronto, Canada
- SectorsRetailFinancial Services
- Email••••••••
- Website chimoney.io
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by CapitalSage (Jun 2026)
- Legal Name Chi Technologies Inc.
- Total Equity Funding$20K (USD)
in 2 rounds
- Latest Funding Round$20K (USD), Seed
Jun 2023
- InvestorsTechstars
& 2 more
- Investments & Acquisitions
- Acquired byCapitalSage
(Jun 2026)
Products & Services of Chimoney
Chimoney offers a comprehensive portfolio of products and services, including Multi-currency Wallets, Payouts & Disbursements, and Developer API.
Manages secure multi-currency storage with KYC integration.
Enables global payouts to multiple countries quickly.
Facilitates integration for payment networks and scaling.
Apps and channels of Chimoney
its YouTube channel Chimoney has 72 subscribers and 14 videos.
Videos from Chimoney
The most watched videos on Chimoney's YouTube channel, Chimoney (72 subscribers). Click a video to play it here.
More on Chimoney.
Funding Insights of Chimoney
Chimoney has successfully raised a total of $20K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $20 thousand completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $20,000
- Total Rounds 2
- Last Round Seed — $20,000
- Investors Count 2
All 2 funding rounds of Chimoney with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $20,000 | Seed | – | Techstars | – |
| Sep 2022 | – | Seed | – | Accelerator Centre | – |
3 investors in total: 3 institutional.
Investors in Chimoney
Chimoney has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Techstars, CapitalSage and Accelerator Centre.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Startups are built and accelerated in a structured studio environment. | – | acceleratorcentre.com | Waterloo, Canada | |
Omnichannel banking solutions | 2020 | capitalsage.ng | Ikeja, Nigeria |
Investor details for Chimoney
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Chimoney
4 people are tracked at Chimoney (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Uchi Nick Uchibeke | CEO | Leadership |
Faheed Alli-Balogun | Head Of Product | Leadership |
Babatunde Hammed | Head Of Operations | Leadership |
Chibuzor Ibe | Project Manager | Team |
Complete people profiles for Chimoney
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Investments & Acquisitions by Chimoney
Chimoney has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Scrim.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Social payments are enabled via mobile app using identities. | sendscrim.app | Toronto, Canada | 2022 | Nov 2023 | •••• |
Complete acquisition details for Chimoney
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Chimoney
5 dated milestones of Chimoney across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Chimoney is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $20K.
- Acquisition Acquires Scrim.
- Exit Acquired by CapitalSage.
Competitors of Chimoney
Chimoney operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Square, Airwallex, Tipalti, CyberSource and InstaReM, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| squareup.com | 2009 | San Francisco, United States | $519.75M | 11,372 | POS solutions are provided for retail businesses. | |
| airwallex.com | 2015 | Singapore | $1.25B | – | Cross-border payments are processed for businesses via tools and APIs. | |
| tipalti.com | 2010 | Foster, United States | $553M | 360 | Cloud-based procurement and invoice management solutions are offered to businesses. | |
| cybersource.com | 1994 | Foster, United States | – | – | Global e-commerce payment processing and security services are managed. | |
| instarem.com | 2014 | Singapore | $5M | – | Cross-border money transfers are facilitated for individuals and businesses. | |
| 40seas.com | 2022 | Tel Aviv, Israel | $17M | – | Cross-border payment solutions for businesses are developed online. | |
| xtransfer.com | 2017 | Shanghai, China | $168M | – | Cross-border payment platform is provided for global trade and suppliers. | |
| veem.com | 2014 | San Francisco, United States | $92.5M | 40 | B2B payments are facilitated via Veem's online platform. | |
| equiniti.com | 2002 | Lancing, United Kingdom | – | – | Financial technology and payment processing solutions are provided by Equiniti. | |
| transfermate.com | 2010 | Kilkenny, Ireland | $129.86M | – | International B2B payments and receivables are processed globally. |
Detailed competitors of Chimoney
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- Full competitor set
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Web traffic of Chimoney
The website of Chimoney (chimoney.io) receives about 10.9K visits a month.
- Monthly visits10.9K
▲ 5.7% vs previous month
Latest news on Chimoney
Complete news archive for Chimoney
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to Chimoney
10 companies that operate in the same segment as Chimoney (E-Commerce Enablers & Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
E-commerce storefront solutions are provided for online businesses. | 2006 | Ottawa, Ontario, Canada | USD 122.25 M | USD 8.45 B | 8,100 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 2,180 | |
Platform acquiring Amazon FBA brands | 2018 | Walpole, Massachusetts, United States | USD 3.35 B | – | 1 | |
Delivery channels management software is provided for restaurants. | 2015 | Bengaluru, Karnataka, India | USD 32.32 M | USD 2.97 M | 171 | |
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | – | 128 | |
Digital consumer brands are acquired and enabled by technology platform. | 2004 | Manchester, Greater Manchester, United Kingdom | USD 722.56 M | USD 2.32 B | 6,790 |
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Frequently Asked Questions about Chimoney
Chimoney was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Chimoney is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Uchi Nick Uchibeke is the current CEO of Chimoney.
Chimoney is a funded company, having raised a total of $20K across 2 funding rounds to date.
Provider of payment solutions for e-commerce businesses. It is building an infrastructure and an API to make value move between currencies, ledgers protocols, and a network that connects traditional payment options like Banks to stores. Other solutions include payment infrastructure for wallets, bulk ordering solutions across different countries, plug play integration, and more.
Chimoney offers Multi-currency Wallets, Payouts & Disbursements, and Developer API.
Chimoney has made 1 acquisition, including Scrim.
Chimoney has 3 investors. Key investors include Techstars, CapitalSage, and Accelerator Centre.
Chimoney operates through Chi Technologies Inc..
Yes. Chimoney was acquired by CapitalSage in June 2026.