Tuesday, March 1, 2022

African financing service M-KOPA, which helps people without bank accounts buy smartphones, TVs, and other items, raises $75M, bringing total funding to $190M (Tage Kene-Okafor/TechCrunch)

Tage Kene-Okafor / TechCrunch:
African financing service M-KOPA, which helps people without bank accounts buy smartphones, TVs, and other items, raises $75M, bringing total funding to $190M  —  A 2019 World Bank report says 85% of Africans live on less than $5.50 per day.  A large percentage of these adults are unbanked and underbanked …



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...