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Kenyan court freezes Flutterwave's bank accounts in fresh money laundering allegations

A Kenyan court has frozen Ksh400.6 million ($3.3 million) in accounts belonging to Nigerian payment company, Flutterwave, over allegations of money laundering and card fraud. ....

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Softbank Seed Funds African Startup Exiting 'Stealth Mode'

(Bloomberg) Credrails, a startup that plans to aggregate financial data across Africa, will this month close a $2.5 million seed-funding round with backing from Softbank Group Corp., according to co-founder Clara Wanjiku Odero. ....

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