Shroder, who was promoted from president to CEO at Binance.US last October, has been focused on gearing up to take the company public since he took the top role. Jasmine Lee is coming on board at the company after serving as CFO and chief operating officer (COO) in a dual role at fintech app Acorns for nearly three years.
Larsen said the situation with Hannum didn’t affect investors’ attitude towards the funding round, and that ZenLedger had already secured ParaFi as a lead investor before Hannum’s misdeeds were made public.
ImaliPay’s pilot was based on Furusa’s encounter: a buy now, pay later (BNPL) fuel product, but for two-wheeler gig platforms as the company partnered with a few fuel stations in Ibadan, Nigeria to offer this service to SafeBoda riders.
Say a company uses Sudo Africa to issue cards for employee expense management; what happens is that employees are given cards with a low balance so whenever they need to use the card, an API is called each time to decide whether to approve or deny that transaction in real time.
The simple reason is that people need smartphones more than they need solar systems, evident in M-KOPA’s numbers as of July last year — which in 18 months had already sold 500,000 smartphones, half the units solar systems managed in 10 years. M-KOPA is known chiefly for its pay-as-you-go (PAYG) financing model that allows customers to build ownership of appliances over time by paying an initial deposit followed by flexible micro-payments.