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Nigeria’s Prospa gets $3.8M pre-seed to offer small businesses banking and software services

TechCrunch

A f ew months past graduation, the startup, combining both worlds of banking and business management tools for micro and small businesses, has closed a $3.8 As a serial entrepreneur running businesses in tech and media, Obasi experienced how tough running operations and banking his business simultaneously was in Nigeria.

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CVE-2021-1609: Critical Remote Code Execution Vulnerability in Cisco Small Business VPN Routers

Tenable

Cisco releases patches for Critical vulnerabilities in its line of Small Business VPN Routers. On August 4, Cisco released several security advisories , including an advisory for two vulnerabilities in a subset of its line of Small Business VPN Routers. Background. Web management interface default exposure is limited.

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Ghana’s OZÉ gets $3M to scale its digital recordkeeping and embedded finance products

TechCrunch

OZÉ , a Ghanaian fintech startup that provides digital recordkeeping tools with embedded finance products to medium and small businesses, has raised a $3 million pre-Series A round. Working so closely with small business owners, I understood the problems they faced. And having seen how small businesses in the U.S.

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CVE-2022-20699, CVE-2022-20700, CVE-2022-20708: Critical Flaws in Cisco Small Business RV Series Routers

Tenable

Cisco patches 15 flaws in Cisco Small Business RV Series Routers, including three with critical 10.0 On February 2, Cisco published an advisory for 15 vulnerabilities in its Small Business RV Series Routers. CVSSv3 scores. Background. Three of the 15 vulnerabilities listed in the advisory received a CVSSv3 score of 10.0,

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Ghanaian fintech Float raises $17M seed to power cash flow for commerce in Africa

TechCrunch

Cash flow is a major pain point for small businesses in Africa. Long payment cycles, which can take 30-90 days after services or products have been rendered, and little or no capital, of which research says 85% of African small and medium businesses are subject to, are the main culprits of cash flow issues.

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Sava, a spend management platform for African businesses, gets $2M pre-seed backing

TechCrunch

Retailers on the Aspira platform, like most African businesses, struggled with cash flow problems and lacked access to affordable credit to grow their businesses. The spend management model is a way not only to bring the tools that small, medium and large businesses need to run their financial operating system in the background.

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Sleek secures $14M Series A to enhance its corporate service platform

TechCrunch

French entrepreneurs Julien Labruyere and Adrien Barthel founded Sleek in 2017 to help entrepreneurs incorporate and operate businesses in Singapore and Hong Kong. The startup built a back-end operating system platform that handles everything from incorporation, government, accounting, taxes and visas to regulatory compliance.