1. Flutterwave Expands Remittance Services, Lays Off 3% of Workforce

    Nigeria Flutterwave Expands Remittance Services, Lays Off 3% of Workforce

    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...
  2. Nigerians React to TechCabal's Report of Flutterwave's ₦11 Billion Loss in Security Breach

    Nigeria Nigerians React to TechCabal's Report of Flutterwave's ₦11 Billion Loss in Security Breach

    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...
  3. Nigerians React to TechCabal Exclusive As Flutterwave is set to recover lost $24 Million

    Nigeria Nigerians React to TechCabal Exclusive As Flutterwave is set to recover lost $24 Million

    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...
  4. Flutterwave CFO Departure Casts Uncertainty Over IPO Prospects

    Nigeria Flutterwave CFO Departure Casts Uncertainty Over IPO Prospects

    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...
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    Business Flutterwave is still under investigation in Kenya - Techpoint Africa

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    Business Flutterwave founder Olugbenga Agboola buys luxurious Miami beach home for $7.1 million - Pulse.ng

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    Business See Flutterwave's response to claims hackers stole N2.9bn from its platform and shared funds to 27 bank accounts - Legit.ng

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    Business Hackers have stolen ₦2.9 billion from Flutterwave accounts, motion filed to freeze accounts connected with stolen funds - Techpoint Africa

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    Business Africa’s Flutterwave to acquire UK fintech, Railsr. 2 other stories and a trivia - Ripples Nigeria

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    Metro Bagudu: Success of Paystack, Flutterwave a reflection of Buhari’s effort to stabilise economy - The Cable

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    Business Flutterwave, Chipper Cash not licensed to operate payment services, says Kenyan central bank - The Cable

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    Business Flutterwave debunks money laundering allegations in Kenya, says ‘we did no wrong’

    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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    Business Court freezes Sh8 billion held by Kenyans, Nigerians in Flutterware money laundering probe - Nation Media Group

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    Business JUST IN: Kenya seizes $56.7 million from Flutterwave as corruption, money laundering trial begins in Nairobi - People's Gazette

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    Business Controversy as 86FB accuses Flutterwave of maliciously freezing its funds -Nairametrics

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    Business Nigeria’s tech unicorn, Flutterwave accused of “insider trading”, “fraud” – Nairametrics

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    Business Nigerian Tech founders react to damning allegations against Flutterwave – Nairametrics

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    Business Flutterwave CEO Embroiled in Bullying, Fraud Claims - Tech Trends

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    Business Flutterwave now valued above $3bn after securing fresh $250m funding - The Cable

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    Business Faces of New Money: Meet young Nigerians behind billion dollars tech companies - The Quest Times