Africa-Focused Remittances Fintech Zazuu Shut Downs After Failing to Secure Additional Funding

Africa-Focused Remittances Fintech Zazuu Shut Downs After Failing to Secure Additional FundingAn Africa-focused remittances firm, Zazuu, has become the latest fintech startup to close shop after it failed to raise extra funding. Zazuu and other African fintechs’ funding problems are said to be linked to the collapse of Silicon Valley Bank in the U.S. Zazuu Shuts Down Just Over a Year After Raising $2 Million Zazuu, […]

Nigeria’s Fintech Startup Paystack Cuts Workforce, 33 Employees to Depart

Nigeria's Fintech Startup Paystack Cuts Workforce, 33 Employees to DepartThe Nigerian fintech startup, Paystack, will be scaling down its operations outside Africa. In addition, Paystack will part ways with at least 33 employees based in Europe and the United Arab Emirates. Co-founder Shola Akinlade has promised to help affected employees secure new roles elsewhere. ‘Localizing Costs and Getting Closer to Customers’ The payments fintech […]