Five Mercury alternatives for African startups
- Startups from 15 African countries will be unable to transact on Mercury starting from August 22, 2024.
- Raenest, Verto, Cleva, Graph, and Leatherback are five African startups that provide similar services to Mercury.
- Mercury's restrictions on African startups highlight the need for alternative financial services in the region.
The decision by Mercury to restrict transactions for African startups is concerning and could have a negative impact on the growth and development of these businesses. It highlights the need for more inclusive and accessible financial services in the region. African startups should explore alternative platforms like Raenest, Verto, Cleva, Graph, and Leatherback to ensure uninterrupted financial operations.
