Tag: Flutterwave
-
Kenya’s Banks Ordered To Stop Dealing With Flutterwave And Cipper Cash!
•
According to media reports, the Central Bank of Kenya (CBK) has ordered lenders and microfinance institutions to stop doing business with fintech companies Flutterwave and Chipper Cash. The CBK said in a letter to the CEOs of commercial banks, microfinance companies and mortgage lenders that the two startups have been…
-
Flutterwave Has Accounts Frozen In Kenya Over Money-Laundering Allegations!
•
A Kenyan tribunal froze more than $40m in accounts belonging to fintech company Flutterwave under the country’s anti-money laundering laws. Kenya’s Assets Recovery Agency sought and was granted a High Court order to freeze several accounts with three banks belonging to Kenyan-registered Flutterwave Payment Technology Ltd.
-
African Payments Company MFS Africa Acquires U.S. Fintech!
•
MFS Africa, a digital payments company, will acquire Oklahoma-based Global Technology Partners in a rare instance of an African group closing a technology deal in the US. The acquisition, which will allow MFS to issue prepaid cards to customers, marks another development in Africa’s fast-growing fintech scene. MFS had paid…
-
African Fintech Alliance Between Skaleet And Mobiblanc
•
With their range of fintech solutions, French Skaleet and the Moroccan company Mobiblanc want to play a central role in the digital transformation of the African financial system. Skaleet announced that it is partnering with digital services provider Mobiblanc to expand its digital offering to financial institutions across Africa. Based…