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Drum roll! Yoco, a financial platform for small businesses based in South Africa has unveiled a collection of online payment solutions for SMEs. The solutions (Payment Page, Gift Vouchers, and Payment request) will help merchants sustain their cash flow amid and beyond the pandemic.
Next, seed money startup accelerator, YCombinator is plunging into full remote mood. The startup has announced that its next accelerator program will be a virtual session.
See also: The Big 5 Daily: 21st April, 2020
Guess what? uLesson, an edtech startup based in Nigeria has secured an undisclosed funding round from US-based Founder Collective. The funding will be used to deepen its offerings for African learners.
Also, Egyptian fintech fund Disruptech has invested in Khazna & Brimore. Though the amount was undisclosed, MENAbytes alleges that it’s a six-figure USD deal.
Finally, the lockdown directive by the Nigerian government has hit Logitech startup Kobo360 hard. The startup laments financial loss as about 3000 of its trucks remains grounded and unable to transport essential goods across the country.
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