Unlock Economic Opportunities
For Everyone.

Continuing from where we left off, 2022 was a year of refinement. We delved deeper, dissecting our learnings from the previous year, understanding where we missed the mark, and strategizing our next steps. The trials of 2021 had given us a clearer picture, and 2022 was about fine-tuning our vision. While our product was still in its cocoon, we were preparing for its metamorphosis. The outside world saw silence, but behind the scenes, it was a whirlwind of activity. Testing, failing, learning, iterating - all while our team juggled responsibilities from their full-time commitments. It was a challenging year, but it set the stage for the revolution that was to follow.

With the foundation firmly in place and the nuances refined, 2023 was the year we took the world by storm. Our team, confident in the vision of Chimoney, transitioned full-time, pouring their heart and soul into the mission. February marked the grand unveiling of Chimoney to the world. Strategic alliances with entities like Mozrt (formerly WireFX) to enhance our payments and accounts services. Elite programs such as the Accelerator Center Studio Program (AC:Studio) and the Google for Startups Accelerator (GFSA) Canada further propelled us forward. Innovations like unispend emerged, reshaping online marketplaces. The Chimoney Ambassadorship Program and our recent initiative, Chimoney for Startups , a program tailored to provide APIs and Payouts for early-stage venture,received overwhelming responses.

The figures spoke volumes - 4,500% growth in transaction values and a 600% user account surge within mere months of our launch. Our launch of Unispend, opened doors to over 500 million Amazon and Shopify products, offering seamless token-based payments in the Web3 space. Our Chimoney Ambassadorship Program thrived, recognizing outstanding ambassadors, while our innovative updates included the introduction of a Self-driven Onboarding feature.

As we forge ahead, our commitment remains steadfast, propelling value and opportunities for all.

Building on our revolutionary momentum, 2024 marked a year of transformative growth and strategic evolution. Our dedication to reshaping global payments bore fruit as we transitioned from a promising innovator to a recognized leader in the space.

We expanded our infrastructure with the introduction of Multi-Currency Wallets (USD, CAD, NGN), Collection APIs, and embedded Payment Widgets. Our bank payout capabilities grew to reach over 130 countries, while our integration with Interac solidified our presence in Canada, enabling seamless domestic transactions.

We proudly achieved a significant milestone with our registration under Canada’s Retail Payment Activities Act (RPAA) and the successful completion of major AML/KYC audits. These accomplishments solidified our dedication to delivering secure and compliant financial solutions.

A defining milestone this year was strengthening our partnership with the Interledger Foundation. This collaboration enhanced Chimoney’s platform through the integration of Interledger Payment Pointers, enabling secure transactions, seamless cross-border payments, and peer-to-peer (P2P) transfers. At the Interledger Summit in Cape Town, we proudly launched the Chimoney App. Powered by the Interledger Protocol (ILP), the app empowers freelancers, immigrants, students, and small business owners in Canada to send and receive payments effortlessly using just an email or phone number, with access to over 100 countries. The app features multi-currency wallets in CAD, USD, and NGN, offering easy currency conversions at competitive rates. With features like payment requests that allow users to request payments from anyone anywhere, Chimoney App, the app empowers freelancers, immigrants, students, and small business owners in Canada to send and receive payments effortlessly using just an email or phone number, with access to over 100 countries. The app features multi-currency wallets in CAD, USD, and NGN, offering easy currency conversions at competitive rates. With features like payment requests that allow users to request payments from anyone anywhere, Chimoney App symbolizes a new era of inclusive financial solutions and highlights our commitment to agile innovation, having progressed from concept to launch in just four months.

These advancements didn’t just expand our service offerings—they doubled the average transaction value on our platform. Through it all, we remained steadfast in our community-first approach, fostering meaningful partnerships with organizations like Reeple to enhance financial access for underserved communities.