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Nigerian fintechs Korapay and Kandon have been cleared of all money laundering allegations in Kenya. In July, Kenya's Asset Recovery Agency (ARA) obtained a court order to freeze Ksh 44.5 million in the fintechs account. More in #TCDaily.
Kandon Technologies, a Nigerian tech company, has been cleared of money laundering and card fraud allegations laid against it by Kenyan authorities earlier in July, according to documents seen by TechCabal.