Nigerian fintech Gigbanc winds down operations citing fundraising struggles, pursues acquisition

Gigbanc, a Nigerian fintech that built cross-border payment solutions for freelancers, creators, remote workers, and businesses, is winding down its operations after three years, citing a tough fundraising climate. 

Although the startup did not disclose details of its fundraising efforts, it told TechCabal it is in acquisition talks with an undisclosed Nigerian fintech infrastructure…