https://techcrunch.com/2022/11/24/pivo-powers-up-nigerian-freight-carriers-with-a-bespoke-digital-bank-gets-2m-seed-funding/

Most small and medium enterprises (SMEs) in supply chains across different sectors in Africa execute orders in days but receive invoices after several weeks and sometimes months. It’s such an inefficient way of doing business that ultimately leads to cash-flow problems — and on top of that are fragmented payment collection and tracking processes.

Recently, startups have taken a top-down approach by singling out a particular sector and delivering solutions to SMEs within it. One such startup is Pivo, which helps freight carriers get paid faster by providing a bank account, a debit card and digital invoicing tools that track payments.