👨🏿‍🚀TechCabal Daily - Y Combinator-backed fintech shuts down
Pivo, a Nigerian supply chain fintech, has shut down. The Y Combinator-backed startup has ceased operations a year after securing a $2 million seed round.
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Pivo, a Nigerian supply chain fintech, has shut down. The Y Combinator-backed startup has ceased operations a year after securing a $2 million seed round.
Delegates from 36 African countries have been invited to Moscow next month to pitch digital services to Russian investors as part of a project affiliated with Russia's NIDF where Putin’s daughter, Katerina Tikhonova, is the general director.More in #TCDaily.
Yesterday, the Supreme Court of Nigeria ruled that old naira notes would remain legal tender in the country until "further notice".
Remittance startup LemFi has halted its operations in Ghana one week after the Bank of Ghana identified it as one of eight fintechs operating without the necessary regulatory approvals.More in #TCDaily.
Nigeria joins 17 other countries to sign an agreement on AI safety one week after OpenAI employees raised alarm on the safety of the company's advanced AI system