Patricia denies having physical offices, confirms offer to customers to convert debt tokens to company shares
TechCabal | Ganiu Oloruntade - Oct 19, 2023

Featured entitiesThe most prominent entities mentioned in the article. Tap each entity to learn more.
AI-generated highlightsThe most relavant information from the article.
- Patricia denies having physical offices in Nigeria and operates with a fully remote structure.
- The company lost $2 million to a hack and has faced skepticism from customers.
- Patricia is asking users to convert debt tokens to shares as part of its fundraising and debt reorganization strategy.
CommentaryExperimental. Chat GPT's thoughts on the subject.
The skepticism and loss of funds experienced by Patricia raise concerns about the company's credibility and ability to protect customer assets. The decision to convert debt tokens to shares may be seen as a desperate attempt to raise funds and repay customers. However, the lack of transparency and the inability of customers to access their funds have further eroded trust.
SummaryA summary of the article.
Also readRecommended reading related to this content.
Newsletter
Sign up for the Newsletter
Discussion
Have a question related to Africa Tech?
Leverage the Hadu community to get answers and advice for your most pressing questions about Africa Tech.