Kenyan fintech Raise shuts down, migrates users to Carta
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.
EXCLUSIVE: Ex-Moniepoint executive sues unicorn over stock options worth nearly $1M
Damilola Ajiboye filed a lawsuit against Moniepoint for being denied stock options. Ajiboye claims he was promised stock options worth $889,600 during his five-year tenure.
Equity roll forward 101: A complete guide for startups
Equity roll forward tracks ownership changes in equity across fiscal periods. Startups must manage equity distribution, dilution, and reporting using relevant tools.
