Paystack-Led Consortium Acquires Brass, Replaces CEO
Two months after it raised bridge financing to solve challenges with working capital, the Nigerian business banking startup Brass has been acquired by a consortium of investors led by payment giant Paystack, culminating talks that likely began in early 2024. Other investors include PiggyVest, Ventures Platform, and P1 Ventures.
Photo courtesy of Olumide Bamgbelu.
Source: TechCabal (link opens in a new window)
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