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Chimoney

Category: AI in Fintech

A global fintech infrastructure provider building identity-aware payment rails and digital wallets for both humans and autonomous AI agents. Chimoney was founded in 2021. The company is led by Uchi Nick Uchibeke. Based in Toronto, Canada. Team size: 11-50. Total funding raised: $270.0K. Latest round: Grant ($75.0K+, Jul 2024). Key investors include Techstars, Interledger Foundation, Google for Startups, Accelerator Centre.

Founded
2021
Headquarters
Toronto, Canada
Team size
11-50
Total funding
$270.0K

Value proposition

Provides a single API to send global payouts to 130+ countries (bank, mobile money, airtime) while uniquely offering "Digital Passports" and compliant wallets that allow AI agents to hold funds and transact autonomously.

Products and solutions

Chimoney API (Global Payouts), Unispend (Crypto-to-Commerce Protocol), AI Agent Wallets & Passports, Scrim (Social Payments App), ChiSquad (Community Program)

Unique value

Pioneering 'Financial Identity for AI' by combining digital wallets with verifiable 'Passports' for autonomous agents, enabling them to hold and spend funds compliantly.

Target customer

Fintech developers, AI startups (building autonomous agents), Global businesses (remittance/payouts), and Web3 platforms.

Industries served

Fintech, Artificial Intelligence (AI Agents), Web3 / Blockchain, Gig Economy, Cross-Border Remittance

Technology advantage

Native integration of the Interledger Protocol (ILP) for universal interoperability combined with licensed MSB/PSP regulatory status in Canada.

How they differentiate

Chimoney differentiates through its 'Financial Identity for AI' approach, offering compliant digital wallets specifically for autonomous AI agents. Unlike competitors focused solely on human payouts, Chimoney leverages the Interledger Protocol (ILP) to enable universal value exchange (converting between airtime, mobile money, crypto, and bank deposits) via a single API.

Main competitors

Tremendous, Trolley, Rapyd

Key partnerships

Interledger Foundation (Grant Partner), Corpay (Global Payouts), Techstars (Accelerator), Google for Startups, Microsoft

Notable customers

Corpay (FLEETCOR), Microsoft, Interledger Foundation

Major milestones

Accepted into Techstars Toronto Accelerator (2023), Secured multiple grants from the Interledger Foundation (2023, 2024), Acquired Scrim, a Gen Z social payments app, Partnered with Corpay to expand global payout reach

Growth metrics

Reported 4,500% growth in transaction values and 600% user account surge post-launch; supports payouts to 130+ countries.

Market positioning

Infrastructure provider for the Agentic Economy and Global Payouts

Geographic focus

Global (130+ countries), with a strong strategic focus on North America (HQ), Africa, and Emerging Markets.

Patents and IP

No registered patents disclosed; relies on proprietary API infrastructure and regulatory licenses.

About Uchi Nick Uchibeke

Founder of AfricaHacks. Former Software Engineer at Shopify, RBC, and SecureKey Technologies. Expert in payment infrastructure, blockchain, and developer relations.

Official website: