Tech billionaire Gbenga Agboola’s Flutterwave denies losing $6.3 million to hackers
This development comes just three weeks after the fintech unicorn regained access to $52.5 million in frozen funds.
This development comes just three weeks after the fintech unicorn regained access to $52.5 million in frozen funds.
Flutterwave is a financial technology company.
Flutterwave was co-founded in 2016.
Flutterwave is a San Francisco- and Lagos-based fintech group.
Despite the allegations, the firm is continuing to prepare for its IPO.
The bank’s statement comes after Flutterwave denied links to a $59-million money laundering scheme.
The company reiterates that it adheres to the highest regulatory standards.
In an email sent to employees, Agboola did not reveal any new information or admit to any wrongdoing.
Agboola and Flutterwave have yet to respond to or deny the allegations made by the Nigerian investigative journalist.
The funding comes on the heels of a five-year run in which Flutterwave has completed more than 200 million transactions totaling over $16 billion.
Disha is a Nigerian platform allowing digital creators to showcase and receive payments for content globally.
The multi-year partnership is aimed at assisting micro-, small- and medium-sized enterprises.
Flutterwave is considering expansion on the local market and abroad.