Company profile
Chi Technologies Inc.
Chi Technologies Inc., operating as Chimoney, is a Canada-based payments infrastructure provider offering multi-currency wallets, global payouts and payment orchestration for humans and autonomous agents. The company was founded by Uchi “Nick” Uchibeke, a Nigerian-Canadian entrepreneur. Chimoney is a registered Payment Service Provider under Canada’s Retail Payment Activities Act framework. In 2023, it joined the Techstars Toronto accelerator programme. In May 2026, Chimoney announced that it had ceased accepting new transactions and integrations and had begun refunding customer wallet balances after struggling with distribution, liquidity, and capital constraints. On 16 June 2026, CapitalSage Vantage Limited, a subsidiary of CapitalSage Holdings, signed an agreement to acquire Chi Technologies Inc. and its subsidiaries, with the transaction expected to preserve Chimoney’s Canadian payments registration and infrastructure. Over its operating life, Chimoney raised less than $1 million in external funding, including about $280,000 in disclosed funding. The company previously acquired Scrim, a social payments app, in November 2023.
- Sector
- Financial services / Payments Infrastructure, Cross-Border Payments
- Markets
- Kenya, Nigeria
- Founded
- 2021
- Ownership
- Private
- Stage
- Startup
- Business model
- B2B Transactional, Financial Services
Products and services
Multi-currency wallets, Global payouts, Payment orchestration / multi-rail connectivity, Agent payment infrastructure
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 16 Jun 2026 | CapitalSage Vantage Limited acquires Chi Technologies Inc. (Chimoney) | Corporate Transactions, Venture Capital | Undisclosed | Kenya |
Source: Partner Researchers.