Others

Africa’s most valuable unicorn Flutterwave is still not off the hook in Kenya. About $3 million of its money that was confiscated in the second government seizure over money laundering and fraud claims remains frozen, in two banks, and 19 mobile money accounts (M-pesa paybill numbers), as the matter is before Kenya’s high court. The […]

Flutterwave’s troubles in Kenya yet to end as second case proceeds by Annie Njanja originally published on TechCrunch

Yesterday at around noon in Los Angeles, investor Mark Suster of the venture firm Upfront Ventures began urging “calm” on Twitter. Silicon Valley Bank had bungled its messaging on Wednesday around an effort to strengthen its balance sheet, and startup founders were beginning to fear that their deposits at the tech-friendly, 40-year-old institution were at […]

Investor Mark Suster says a “handful” of bad actors in VC destroyed Silicon Valley Bank by Connie Loizos originally published on TechCrunch

Silicon Valley Bank was synonymous with venture debt to many but even if credit is harder to find, startups still have options.

What does the collapse of SVB mean for venture debt? by Rebecca Szkutak originally published on TechCrunch