submitted over 2 years ago by chidera2kz
- Nigerian fintech startup Pivo, which provided banking services to small supply chain businesses, is closing down one year after raising a $2 million seed round.
- The founders, Nkiru Amadi-Emina and Ijeoma Akwiwu, aimed to solve liquidity issues in Africa's supply chain sector by offering financing options, but the startup faced challenges leading to its closure amidst a tough environment for African startups this year.
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