Chimoney appears on the Bank of Canada Payment Service Provider registry under the RPAA, pointing to a compliance step as it markets AI-ready payments.
Chimoney was listed on the Bank of Canada registry as a Payment Service Provider, according to a report by Launch Base Africa.
A Payment Service Provider, or PSP, is a company that moves money for users and businesses, like processing transfers, payouts, or merchant payments.
The listing is under the Retail Payment Activities Act, or RPAA. The RPAA is Canada’s rules for non-bank payment firms, including registration and operational risk controls.
Launch Base Africa reported that Chimoney is operating under the name Chi Technologies Inc. The Bank of Canada registry entry is the signal here, not a product launch or fundraising.
More African fintechs are showing up in foreign compliance systems as they expand cross-border operations.
For operators, the practical takeaway is that RPAA registration can be a gating item for partnerships in Canada. It can also shape how a fintech handles security, incident reporting, and safeguarding of customer funds.
Chimoney’s website also describes having PSP and MSB licensing. An MSB, or Money Services Business, is a regulated firm that offers services like remittances and foreign exchange.
The company also promotes “passport” and payment infrastructure for AI agents and humans. In simple terms, that means APIs, or software connectors, that developers can use to let apps and automated tools send and receive payments.
Launch Base Africa (2026-04-24) and the Bank of Canada PSP registry
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