Page 3 - Adeleke Adekoya News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A Nairobi court in Kenya has frozen 45 bank accounts and 10 mobile money wallets belonging to a Nigerian-owned financial technology firm battling multiple money laundering allegations, as scorned individuals and companies begin to queue up for billions the firm has stashed away in local banks. High Court judge Alfred Mabeya last week issued orders freezing the accounts of Flutterwave Payments Technology after a group of 2,468 Nigerian nationals claimed the firm was used to defraud them of $12.04 million (Sh1.6 billion), Business Daily Africa reports.

The second case, where Flutterwave, Adguru and Hupesi solutions are the respondents, continues, with the next mention booked for March 23.

In the financial arena, a unicorn is a startup company that is privately owned and is valued at over $1 billion.

Fintech leaders have reacted to allegations of insider trading, sexual harassment and perjury against Nigerian fintech unicorn Flutterwave.

Titling the piece, “Flutterwave: The African Unicorn Built On Quicksand”, Hundeyin, in the report beamed his focus on Olugbenga Agboola