Silicon Valley Bank was a high-tech commercial bank that provided various financial services to startups and venture capital firms until its collapse in 2023.
Chipper Cash launches ads product
Chipper Cash launched an advertising product called 'Chipper Ads' to assist SMEs in Africa. The company has undergone multiple layoffs and significant restructuring since December 2022.
US Bank Mercury to close accounts of startups in 13 African countries after internal compliance changes
Mercury, a San Francisco digital bank, will close the accounts of users in thirteen African countries by August 22, 2024. The new restrictions will affect users in 37 countries.
