Investors request audit of The Peer’s finances as it prepares to refund leftover capital
Investors in The Peer have asked for an audit of the company's accounts as it prepares to return leftover capital. Two investors have requested more details on the company's cap table.
Thepeer investors request audit following shutdown
Thepeer, a Nigerian startup, has decided to cease operations due to struggles with onboarding users and regulatory challenges. Co-founders Michael Okoh and Chike Ononye announced the shutdown, pointing to difficulties with onboarding customers and regulatory compliance.
Exclusive: The Peer will return $350,000 to investors after shutting down
The Peer, a Nigeria-based API startup, shut down in April, returning about $350,000 to investors. The startup experimented with other products and business lines but decided not to pivot with investor money.
