Condia Insider: Thepeer faces a peer review
- Thepeer's co-founder Sultan Akintunde reopened discussions about the company's shutdown, alleging fraudulent activities and missing funds.
- Flutterwave has partnered with Polygon to facilitate stablecoin-based settlements across more than 30 African countries.
- The partnership aims to reduce cross-border payment costs and improve transaction speeds significantly.
The ongoing issues with Thepeer highlight the critical need for transparency and accountability in the startup ecosystem, particularly in emerging markets. As companies like Flutterwave and Meta invest heavily in technology and innovation, it raises questions about governance and the sustainability of such rapid growth. The contrasting strategies of these companies, especially in light of Amazon's layoffs, suggest a complex landscape where innovation must be balanced with fiscal responsibility.
