Tuesday
November 30
2021

Silicon Valley Law Firm Sees Surge in Africa Startup Fundraising

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Wilson Sonsini Goodrich & Rosati, a law firm known for representing some of the world’s top technology companies, is expanding to help African startups raise funds from the U.S.

The Palo Alto, California-based firm helped Chipper Cash, an African cross-border payments company backed by Jeff Bezos, raise an additional $150 million in a Series C this month. There are “a couple of companies that are on that path” to listing in the U.S., Joshua Kaplan, a Wilson Sonsini partner, said in an email response to questions.

Source: Bloomberg (link opens in a new window)

Categories
Technology
Tags
financial inclusion, fintech, innovation, startups, tech, technology