{"id":2046,"date":"2022-03-03T02:48:14","date_gmt":"2022-03-03T02:48:14","guid":{"rendered":"https:\/\/appsaf.apieproject.com\/news\/?p=2046"},"modified":"2022-03-03T02:48:15","modified_gmt":"2022-03-03T02:48:15","slug":"mercury-restricted-a-number-of-accounts-linked-to-african-startups-and-didnt-exactly-say-why","status":"publish","type":"post","link":"https:\/\/appsaf.apieproject.com\/news\/2022\/03\/03\/mercury-restricted-a-number-of-accounts-linked-to-african-startups-and-didnt-exactly-say-why\/","title":{"rendered":"Mercury restricted a number of accounts linked to African startups and didn\u2019t exactly say why"},"content":{"rendered":"<p>The number of companies involved with this restriction is unknown. But several sources told TechCrunch that they range from a dozen to 30 \u2014 including well established YC-backed startups and newer upstarts.<\/p>\n<p>According to our sources, Mercury did not give any prior notice that it would take this action, nor did it explain why the action was taken in its first email to the affected startups.<\/p>\n<p>\u201cHi, Your access to the Mercury account for [company\u2019s name] has been temporarily restricted. Let us know if you have any question or concerns,\u201d read the first email Mercury sent out.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday, Mercury, which describes itself as a bank for startups, restricted several accounts linked to African tech startups, TechCrunch has learned.<\/p>\n","protected":false},"author":12963,"featured_media":2043,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,21],"tags":[7,26,22],"class_list":{"0":"post-2046","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-technology","9":"tag-apie-project","10":"tag-news","11":"tag-technology"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mercury restricted a number of accounts linked to African startups and didn\u2019t exactly say why - APIE 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