After hiring Raise’s founder, Carta sets out to fix Africa’s private capital infrastructure
TechCabal - Oct 31, 2025
Carta is building localized products for the African private capital market as part of its expansion strategy. Marvin Coleby, former CEO of Raise, has joined Carta to lead product development for Africa, the Middle East, and Asia.
Kenyan fintech Raise shuts down, migrates users to Carta
Techpoint Africa - Sep 04, 2025
Raise announced its shutdown and will migrate users to Carta. The startup struggled to find a scalable business model within the African venture capital ecosystem.