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“Mono acquisition value is way higher than what we have raised” — Abdulhamid Hassan, Mono CEO
Flutterwave acquires Mono in a multi-million-dollar deal, enhancing its fintech capabilities. The acquisition was structured as an all-stock deal, with details undisclosed but valued higher than Mono's previous $17.5 million funding.
Rayda, Vista, Elloe AI, and 10 others named to 2025 Startup Battlefield 200
TechCrunch Disrupt 2025 will feature 200 startups as part of the Startup Battlefield 200. The event is a significant platform for founders, investors, and the tech ecosystem, taking place from October 27-29 in San Francisco.
How African Founders Can Leverage LinkedIn for Growth and Investment
Polished LinkedIn profiles can significantly enhance visibility to potential investors. Crafting a compelling headline and summary is crucial for making a strong first impression.
E-Commerce Startup Sabi Lays Off 20% of Staff as It Shifts Focus to Global Commodity Trade
Sabi has laid off approximately 50 employees, representing 20% of its workforce. The startup is shifting its focus from retail services to exporting traceable, ethically sourced commodities.
After raising $38M, African e-commerce startup Sabi lays off 20%, pivots to traceable exports
Sabi laid off around 20% of its workforce, approximately 50 employees, as part of a restructuring effort. The company is pivoting from a retail-focused platform to a growing business in commodity exports.
