Addis Ababa, Ethiopia (01 March 2023)

Chapa Financial Technologies, a pioneering fintech company in Ethiopia, has received a nomination for the prestigious Excellence in Fintech Award in the Commerce Enablement category, courtesy of the African Fintech Summit.

This category is specifically designed to recognize companies that have developed innovative solutions to improve the buying and selling process, including enhancing payment processing, checkout experiences, and inventory management. Chapa has earned this nomination for its revolutionary payment processing solution, which has transformed how businesses in Ethiopia handle customer payments.

Using Chapa’s cutting-edge technology, companies can easily and securely process payments from anywhere worldwide, with real-time transaction monitoring and fraud detection. This solution has made it easier for businesses to grow and scale their operations while reducing risk exposure.

 Chapa Financial Technologies is a company licensed by the National Bank of Ethiopia to engage in payment gateway service and aggregation activities. The company offers various products and services, including payment gateways, mobile payment solutions, financial management software, digital payments, collateral-free loans, and other financial technology solutions.

The Excellence in Fintech Awards are organized by Africa Fintech Summit, and winners will be announced at the awards ceremony at the Spring 2023 Africa Fintech Summit in Washington, DC. Chapa’s nomination for the award is a testament to the company’s dedication to providing its customers with cutting-edge technology and exceptional customer service while driving innovation and growth in the fintech industry.

For more information about Chapa, please visit

Source: Chapa Financial Technologies


The opinions expresses here in the post "Ethiopian Fintech Company Chapa Gets Paid with Excellence Award Nomination" are those of the individua's contributor(s) and do not necessarily reflect the views of Business Info Ethiopia , BIE Intelligence PLC, its publisher, editor, or any of its other contributors.


Hanna is an aspiring economist in her final year at Addis Ababa University. She has written hundreds of insightful daily stories, analyses, and features about the Ethiopian economy and beyond.

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