Better Auth, an authentication tool by a self-taught Ethiopian dev, raises $5M from Peak XV, YC

Better Auth, which offers a framework that simplifies user authentication for developers, has raised $5M seed funding from Peak XV and others. 

Continue ReadingBetter Auth, an authentication tool by a self-taught Ethiopian dev, raises $5M from Peak XV, YC

After raising $38M, African e-commerce startup Sabi lays off 20%, pivots to traceable exports

African B2B e-commerce startup Sabi has laid off around 20% of its workforce (~50 employees) as it pivots from its original retail-focused platform to double down on a growing business in commodity exports. The layoffs, confirmed by the company on Thursday, are part of a broader restructuring aimed at aligning resources with what it describes […]

Continue ReadingAfter raising $38M, African e-commerce startup Sabi lays off 20%, pivots to traceable exports