Nigerian digital bank Carbon hit $240M in payments processed last year, up 89% from 2019
TechCrunch
FEBRUARY 1, 2021
Posting audited financials can prove detrimental for a private African company for several reasons ranging from bad marketing and PR if huge losses are incurred to regulatory clampdown if the company performs well. Also, in its quest to become a digital bank, Carbon acquired a microfinance bank license. Image Credits: Carbon.
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