Startup Shutdown: Kenya’s Mobius Motors Grounds to a Halt
…faced intense competition from cheaper second-hand imports from countries like the UK and Japan
Tag: Startup Shutdown
Nigerian Startup Thepeer Returns Investor’s $350k Funds After Early Shutdown
The company generated minimal revenue, less than $1,000, despite processing over $500,000 in transactions during the first three quarters of ...
Nigerian Fintech Startup, Thepeer Shuts Down Amid Compliance, Market Challenges
...Opting to return capital to investors
Why Nigerian Wealthtech Startup Cova is Ceasing Operations
Despite raising substantial funds and having a global user base in the "thousands," challenges surfaced for Cova in its first ...
