Chimoney
Chimoney was a Canada-based cross-border payments company. It stopped new transactions in May 2026, citing a lack of capital. Later reporting said CapitalSage acquired it, according to TechCabal.
The Story
Chimoney was a Canada-based payments infrastructure company with Nigerian founders. It was backed by Techstars, according to TechCabal. Business Insider Africa reported it was founded in 2022.
In an email on May 1, 2026, the company said it had stopped new transactions and integrations and had begun refunding customer balances. It cited a lack of capital, according to TechCabal.
In October 2026 TechCabal reported that CapitalSage had completed an acquisition of Chimoney and that parts of the business had resumed under new ownership, with a consumer app relaunched as Tiki.
Timeline
Funding
Chimoney's total funding is not stated in the sources below.
What Happened
Ceased new transactions in May 2026, citing a lack of capital; later reporting said it was acquired by CapitalSage