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Africa: Mercury Restricted a Number of Accounts Linked to African Startups and Didn’t Exactly Say Why

Yesterday, Mercury, which describes itself as a bank for startups, restricted several accounts linked to African tech startups, TechCrunch has learned.

The number of companies involved with this restriction is unknown. But some sources told TechCrunch that they range from a dozen to 30 — including well established YC-backed startups and newer upstarts.

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