For a startup that once promised to rewire fast-moving consumer goods distribution across southwest Nigeria, the footage has drawn renewed attention to mounting questions about the company’s viability.
Alya’s platform allows consumers to split purchases into two, three, or four interest-free instalments, providing an alternative to traditional credit.
Remittances from the Zimbabwean diaspora reached $1.9 billion between January and September 2024, a 16.5% increase compared to the same period in 2023.
Post-Bench — the Canada-based accounting and tax platform that shut down after raising $113 million — founders worldwide are increasingly scrutinizing their cap tables.
For a startup that once promised to rewire fast-moving consumer goods distribution across southwest Nigeria, the footage has drawn renewed attention to mounting questions about the company’s viability.
Across 29 disclosed deals, African startups and growth-stage companies raised at least $340.5m in February. The number tells one story. How the money moved tells a different one.
