Flutterwave, a payment technology company, lays off 24 employees (3% of its workforce) to focus on core business areas. CEO Olugbenga Agboola announced generous severance packages and compensation reviews for remaining staff. The company is expanding its remittance service, SendApp, and...
Flutterwave, a prominent fintech firm in Africa, reportedly lost between $7 million and $20 million due to a major security breach, as unauthorized individuals diverted funds to multiple bank accounts in April 2024.
According to TechCabal, Flutterwave, one of Africa's leading financial...
Flutterwave, Africa's leading fintech startup, is set to contact over 6,000 account holders across 35 banks to recover ₦19 billion (*$24 million) following a High Court ruling on February 1.
The Mareva injunction empowers Flutterwave to reclaim funds illegally transferred by POS merchants in...
In a surprising development for the African fintech giant Flutterwave, its Chief Financial Officer (CFO), Oneal Bhambani, has resigned, leaving the company in a state of uncertainty regarding its plans for an initial public offering (IPO). Bhambani, who joined Flutterwave just 18 months ago...
Flutterwave Payment Technology Limited, a leading Nigerian fintech company, has reacted to media reports that it was involved in an alleged money laundering scheme in Kenya.
A statement by the company on Thursday, said the claims are entirely false, stressing that it maintains the highest...
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