👨🏿‍🚀TechCabal Daily-Leatherback won't fold
Leatherback, a UK-based cross-border payments startup, has denied rumors of financial losses to SDQ Facilitators.
Source: techcabal.com
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👨🏿‍🚀TechCabal Daily - A 20% cut
Payments platform Cellulant is laying off 20% of its 634 employees. The company cited “organisational restructuring” as the basis for the layoff.
Source: techcabal.com
👨🏿‍🚀TechCabal Daily - Hustlers hustle Kenya's Huslter Fund
So far, the country has recorded $70.5 million in outstanding loans, and 29% of that—about $20 million—are now non-performing loans.
Source: techcabal.com
👨🏿‍🚀TechCabal Daily - Don't reach for the stars
South Africa's ICT regulator has warned ISPs in the country to stop providing Starlink kits and subscriptions for users in the country.
Source: techcabal.com
👨🏿‍🚀TechCabal Daily - Hey BDCs
Last week, Nigeria’s apex bank ended a two-year ban on foreign exchange (FX) sales to Bureau de Change (BDC) operators.
Source: techcabal.com