Transaction
Cloud9 acquires Chpter
- Announced
- 6 August 2026
- Target
- Chpter Holdings, Inc.
- Value
- Undisclosed
- Asset class
- Venture Capital
- Type
- Merger/Acquisition(M&A), Exit
- Instrument
- Ordinary Shares (Equity)
- Lead investors
- Cloud Nine Payments Ltd
- Investors
- Cloud Nine Payments Ltd
- Sector
- Consumer / E-Commerce
- Markets
- Kenya
About the target
Chpter Holdings, Inc. (Chpter) is a Kenya-based technology company providing an AI-powered conversational commerce platform. Founded in 2022 and headquartered in Nairobi, Kenya, the company enabled businesses to sell, market and process payments through automated chat conversations on WhatsApp, Instagram and Facebook, charging a monthly subscription plus a per-transaction fee. Chpter maintained an active presence in Kenya and South Africa, serving more than 4,500 businesses across e-commerce, retail, financial services, education, media and hospitality sectors, and had processed over one million transactions since inception
Sources
- techtrendske.co.ke
- Partner Researchers