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Five months after running out of capital, Chimoney gets a new owner

The transaction completes an unexpected turnaround for the Techstars-backed startup, which informed customers in May that it had stopped processing new transactions and integrations, citing insufficient capital.

Aggregated · originally by TechCabal
9 Oct 2026, 19:02 WAT · 3 min read
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Five months after running out of capital, Chimoney gets a new owner

The transaction completes an unexpected turnaround for the Techstars-backed startup, which informed customers in May that it had stopped processing new transactions and integrations, citing insufficient capital.