After taking credibility hit, Carta announces it is exiting the secondaries business: “We have decided to prioritize trust”

Roughly 72 hours after a prominent startup customer complained that Carta was misusing information with which it was entrusted — scaring many of Carta’s tens of thousands of other customers in the process — Carta is exiting the business that landed it in trouble with the customer. Carta co-founder and CEO Henry Ward posted on…

YC-backed African fintech Cleva, founded by Stripe and AWS alums, raises $1.5M pre-seed

Nigerian fintech Cleva, focused on creating a banking platform for African individuals and businesses to receive international payments by opening USD accounts, has raised $1.5 million in pre-seed funding. The round was led by 1984 Ventures, an early-stage venture capital firm based in San Francisco. Other participants in the round include The Raba Partnership, Byld…

CES 2024 or bust, Superpedestrian e-scooters hit the auction block and Fisker struggles to meet sales goals

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Hey-o! Howdy readers and welcome back to The Station, your weekly newsletter on all things transportation. I hope you enjoyed the New Year! I appreciated a…