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Pro Bono Innovators 2023 Honoree Selendy Gay Elsberg

In our 2023 issue of Pro Bono Innovators, Bloomberg Law honors Selendy Gay Elsberg for securing favorable terms for Sandy Hook school shooting victims’ families in the Remington debtors’ bankruptcy plan, thereby facilitating a $73 million settlement for the families in 2022. We also note the firm’s work helping launch an international nonprofit evacuating and resettling at-risk girls and community members from Afghanistan following the Taliban’s takeover. ....

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Nigerian digital bookkeeping platform, Pastel, raises $5.5 million in seed round

The new funding would be deployed to expand Pastel’s product offerings and develop more productivity and finance management. ....

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Pastel, a Nigerian bookkeeping and digital platform for merchants, raises $5.5M led by TLcom – TechCrunch

There’s no end to digitizing the operations of small and medium businesses (SMBs) in the traditional retail sector across sub-Saharan Africa. In Nigeria alone, this industry, worth more than $200 billion, consists of over 40 million businesses of varying sizes, according to reports. Traditional retail in the country comprises small kiosks and open-air markets selling […] ....

Abuzar Royesh , Izunna Okonkwo , Olamide Oladeji , Global Founders Capital , Golden Palm Investments , Ulu Ventures , Soma Cap , Sabi Cash , Quick Receipt , Lagos Based Pastel , West Africa ,

Pastel raises $5.5 million to digitise and finance MSMEs in Nigeria

80% of Nigeria’s 40 million MSMEs fail to last beyond 5 years due to a lack of digitisation. Pastel has now raised $5.5 million to solve this ....

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