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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. ....
Africa's most valued startup, Flutterwave, has been implicated in some allegations. Its CEO, Olugbenga Agboola, has been accused of "5 years worth of harassment" from ex-employee, Clara Wanjiku. Read more in TC Daily. ....
(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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