Mercury’s Account Closures Could Undermine Foreign Investor Confidence in Nigerian Startups
The recent decision by Mercury Bank to close accounts of Nigerian startups could impact foreign investor confidence and disrupt the country’s startup ecosystem. Learn more about the potential effects and solutions. Austin Okpagu, the Country Manager at Verto FX, has voiced significant concerns over the impact of Mercury Bank’s recent
7 Best Alternatives to Mercury Bank for African Startups in 2024
In a surprising move, Mercury Bank recently announced it would terminate the accounts of startups in thirteen African countries by August 22, 2024. This decision has left many African entrepreneurs like myself scrambling to find new banking solutions. When I got the news, I freaked out as I consider myself
Mercury Bank Closure Leaves African Startups Scrambling for Banking Alternatives
Mercury Bank’s decision to close accounts for startups in thirteen African countries sparks a search for new banking solutions amidst regulatory changes. Learn more about the impact and alternatives. Mercury, a digital bank headquartered in San Francisco, has recently announced its decision to terminate the accounts of startups located in