The London-based B2B cross-border foreign exchange (FX) said it has already acquired a quarter of SVB customers from Africa and the MENA region.
Cryptocurrencies are on a tear at the start of the week amid a broader rally in risk assets, after regulators on Sunday announced the closure of Signature Bank
The co-founder of Carbon, a digital lending company, Ngozi Dozie, has said that the recent collapse of the tech-focused Silicon Valley Bank (SVB) may result in less funding for African startups this year.
The collapse of Silicon Valley Bank has affected oil markets as Brent crude fell below $80 per barrel on Monday, March 13.