flutterwave

Alleged security breach leaves millions of dollars missing from Flutterwave accounts
Alleged security breach leaves millions of dollars missing from Flutterwave accounts
Infosec Privacy Startups 

Alleged security breach leaves millions of dollars missing from Flutterwave accounts

Tage Kene-Okafor 24 Views, , , 2 min read

Last month, Flutterwave, Africa’s largest startup by private valuation, was involved in a hack that resulted in over ₦2.9 billion (~$4.2 million) missing from its accounts, according to local tech publication Techpoint Africa. According to the documents seen by the publication and reviewed by TechCrunch, unknown actors transferred the funds across 28 accounts in 63 transactions […]

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Flutterwave denies money laundering and fraud allegations following accounts freeze by Kenyan court
Flutterwave denies money laundering and fraud allegations following accounts freeze by Kenyan court
Africa Fintech Payments TC 

Flutterwave denies money laundering and fraud allegations following accounts freeze by Kenyan court

Annie Njanja 204 Views, , , , , , 3 min read

Flutterwave has come out to deny the fraud and money laundering claims leveled against it by Kenya’s Asset Recovery Agency, which investigates and recovers proceeds of crime. This is after a total of $52.5 million in 62 accounts linked to Flutterwave and six other companies that are recipients of wire transfers from the fintech were […]

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Thepeer, an API-based startup that connects African businesses, raises $2.1M, led by Raba Partnership
Thepeer, an API-based startup that connects African businesses, raises $2.1M, led by Raba Partnership
Africa Fintech Funding Payments Recent Funding Startups TC 

Thepeer, an API-based startup that connects African businesses, raises $2.1M, led by Raba Partnership

Tage Kene-Okafor 199 Views, , , , , , , 4 min read

Thepeer, an African tech infrastructure startup connecting businesses’ wallets, has raised a $2.1 million seed round led by the Raba Partnership. The news comes a year after the startup raised $220,000 in pre-seed from a handful of angel investors, including Paystack CTO Ezra Olubi and Edenlife CTO Prosper Otemuyiwa. Participating investors in Thepeer’s seed round […]

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