Payday wants to power the future of work for Africa with $3M seed led by Moniepoint Inc

Payday, a neobank issuing global (USD, EUR & GBP) accounts to Africans, has raised $3 million, money the platform intends to use to fuel its “future of work” initiative through borderless payment alternatives in major currencies. The oversubscribed seed investment was led by Moniepoint Inc. (formerly TeamApt Inc), the U.S. entity that houses Moniepoint Microfinance…

North Korean APT43 Group Uses Cybercrime to Fund Espionage Operations

Mar 29, 2023Ravie LakshmananCyber Threat / Espionage A new North Korean nation-state cyber operator has been attributed to a series of campaigns orchestrated to gather strategic intelligence that aligns with Pyongyang’s geopolitical interests since 2018. Google-owned Mandiant, which is tracking the activity cluster under the moniker APT43, said the group’s motives are both espionage- and…

The market has changed, but super-voting shares are here to stay, says Mr. IPO

Yesterday, the ride-sharing company Lyft said its two co-founders, John Zimmer and Logan Green, are stepping down from managing the company’s day-to-day operations, though they are retaining their board seats. According to a related regulatory filing, they actually need to hang around as “service providers” to receive their original equity award agreements. (If Lyft is sold…