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Nigerian Founders Stranded As Startup Fave Mercury Pulls The Plug
WeeTracker - Jul 23, 2024
Mercury Bank closes accounts linked to businesses in Nigeria and other countries, causing disruption in the local tech ecosystem. The closure of Mercury accounts will impact Nigerian startups heavily reliant on dollar funding and international operations.
Federal Deposit Insurance CorporationSan FranciscoFinancial Action Task ForceNigeriaMercury Bank
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