Fintech firm Chipper Cash exploring sale after SVB fall
Fintech startup Chipper Cash is said to be considering selling off the company after its experience with the now-fallen American bank, Silicon Valley Bank.
The...
Payment giant Stripe raises $6.5bn, slashes valuation by half
American payment processor firm Stripe has raised $6.5 billion in fresh funding and at same time lowered its valuation to $50 billion, the company said on Wednesday.
- Key points to note
The fresh funds...
‘Pure water’ price goes up and producers are shutting factories
Producers of table water in Abuja have closed their factories for over a week, triggering scarcity of drinking water in the capital city as...
Naira scarcity forces Indian keke maker Bajaj to cut production
Indian motorcycle and three-wheeler maker Bajaj Auto is cutting down on its projected export due to Nigeria’s naira note redesign and demonetization policy that...
Silicon Valley Bank, lender to world’s biggest startups, collapses
U.S. regulators have shut down Silicon Valley Bank, the California-based lender to some of the biggest names in the tech world, making it the...