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Flutterwave pardoned by Central Bank of Kenya, recoups millions

Flutterwave has regained $50 million after the Kenyan government dropped charges it had for the African fintech unicorn.

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Kenya s Central Bank Says Flutterwave Is Not Licensed

The CBK relentlessly instructed other Kenyan financial institutions to cease conducting business with both Chipper Cash and Flutterwave.

Patrick njorogeMatu magoCentral bankFlutterwave payments technologyChipper cashEastern africanNigerian owned fintechFlutterwave payments technology limitedChipper technologies kenya

Kenya directs all banks to stop dealing with Chipper Cash, Flutterwave, saying they are unlicensed – TechCrunch

Central Bank of Kenya said Flutterwave and Chipper Cash are not licensed remittance or payment service providers in the East African country.

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