Startups Technology Venture Capital

Pastel raises $5.5 million to provide solutions for small businesses

Due to a lack of digitization and sub-optimal business practices, 80% of Nigeria’s 40 million micro, small, and medium enterprises (MSMEs) do not survive beyond their fifth year. Three Stanford University graduate students, Abuzar Royesh, Olamide Oladeji, and Izunna Okonkwo, have raised $5.5 million to solve this problem through their startup, Pastel. Global Founders Capital […]

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