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Flutterwave cleared in Kenya as anti-money laundering agency drops its final lawsuit against the fintech
Victoria Fakiya
Victoria Fakiya
·
4 weeks ago
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Fintech
3 finance executives leave Flutterwave
Three finance executives have exited Flutterwave following the disclosure of an investigation into the startup by the US SEC in 2017.
Bolu Abiodun
Bolu Abiodun
·
4 weeks ago
Startups
After receiving first-name approval from the Central Bank of Kenya, Flutterwave plans to invest $50m in Kenya
After receiving first-name approval from the Central Bank of Kenya, Flutterwave plans to invest $50m, expand its infrastructure, and hire staff in the East African country.
Victoria Fakiya
Victoria Fakiya
·
3 months ago
Startups
Gbenga Agboola's $370m stake in Flutterwave could make him a billionaire in the event of an IPO, but that's unlikely to happen
As Flutterwave reaffirms its IPO plans, we address concerns regarding the company's seriousness and CEO Gbenga Agboola's billionaire status in the event of a successful public offering.
Bolu Abiodun
Bolu Abiodun
·
3 months ago
Fintech
Top payment gateways for businesses in Nigeria — 2023
Whether you run a supermarket chain or an Instagram store, being able to accept digital payments will significantly boost your business. These payment gateways provide the best value for businesses in Nigeria.
Chimgozirim Nwokoma
Chimgozirim Nwokoma
·
5 months ago
Fintech
In what looks like fresh ₦450m Flutterwave breach, Nigeria Police detains crypto traders
Beneficiaries of the ₦2.9 billion ($6.3 million) Flutterwave breach reported in March have confirmed they were detained by the police. Beneficiaries of another set of ₦250 million($543,088) and ₦200 million ($434,470) transactions were also reportedly detained by ...
Bolu Abiodun
Bolu Abiodun
·
8 months ago
Fintech
Hackers steal ₦2.9 billion from Flutterwave accounts, motion granted to freeze accounts connected with stolen funds
In early February 2023, hackers transferred over ₦2.9 billion from Flutterwave accounts. While police investigations are ongoing, Flutterwave is seeking to freeze accounts where some of the money was transferred. A motion to freeze accounts in 27 financial institution...
Bolu Abiodun
Bolu Abiodun
·
9 months ago
Startups
Kenyan court releases frozen Flutterwave funds
Kenya's Asset Recovery Agency has withdrawn its case against Flutterwave, allowing the startup to access more than $51 million frozen since 2022.
Chimgozirim Nwokoma
Chimgozirim Nwokoma
·
9 months ago
Fintech
Flutterwave receives payments processing licence in Egypt as it eyes North African expansion
Nigerian fintech startup, Flutterwave, can now process payments in Egypt after receiving a payment services provider and payment facilitator licence.
Chimgozirim Nwokoma
Chimgozirim Nwokoma
·
10 months ago
Fintech
Kenyan government withdraws fraud allegations against Flutterwave
Seven months after a Kenyan court froze $3.3 million in Flutterwave's accounts due to money laundering and card fraud allegations, which Flutterwave denied, the Kenyan government has cleared the company of these allegations.
Victoria Fakiya
Victoria Fakiya
·
10 months ago
The Fintech Summit 2022
Struggling to build a fintech startup? Here's what can help you do that
Building a fintech startup can be difficult, as founders need adequate financial resources while figuring out the best way to work with regulators. However, partnerships can help with that. Read on to find out how to make the best of partnerships.
Chimgozirim Nwokoma
Chimgozirim Nwokoma
·
1 year ago
Fintech
Here’s why Nigeria's biggest fintechs are getting a switching and processing licence
Payment switching companies enable quick and seamless online payments, and Obi Emetarom, CEO of Appzone, explains how it works and the benefits of obtaining a licence for it.
Chimgozirim Nwokoma
Chimgozirim Nwokoma
·
1 year ago
Fintech
Flutterwave has received a switching and processing license from Nigeria’s Central Bank
Following news of its impending IPO plans, Flutterwave has received a switching and processing license from the Central Bank of Nigeria.
Chimgozirim Nwokoma
Chimgozirim Nwokoma
·
1 year ago
Startups
Nigerian fintech startup Anchor gets $1 million for its banking-as-a-service play
YC-backed fintech Anchor receives $1 million to enable businesses to offer banking services.
Chimgozirim Nwokoma
Chimgozirim Nwokoma
·
1 year ago
Startups
Flutterwave's messy web of controversies casts dark clouds on its future
Fresh from allegations of fraud and sexual harassment against its CEO, Nigerian fintech startup, Flutterwave is once again embroiled in money laundering charges in Kenya. How could this affect the company moving forward?
Chimgozirim Nwokoma
Chimgozirim Nwokoma
·
1 year ago
Editor's Pick
Analysing 2 major allegations against Olugbenga Agboola
We fact-checked two of the major allegations against Flutterwave founder and CEO, Olugbenga Agboola. Here's what @OnomeOneyibo found out
Ogheneruemu Oneyibo
Ogheneruemu Oneyibo
·
2 years ago
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