Dash (Ghana): Ghanaian cross-border payments startup — including one of Africa's largest-ever seed rounds
Asili AfricaPlay episode
Show notes
The Ghanaian fintech that called itself the Alipay for Africa, raised roughly eighty six million dollars from Insight Partners and a top tier syndicate of Silicon Valley names on claims of one million users and a billion dollars in lifetime transaction volume, and then collapsed in twenty twenty three when an internal audit found that as much as ninety five percent of its user data had been fabricated, twenty five million dollars in company cash was unaccounted for, and the founder had allegedly diverted at least eight million dollars of investor money into Accra real estate and luxury cars.
