Agboola’s net worth is reported to be in the billion-dollar range.
Flutterwave
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This development comes just three weeks after the fintech unicorn regained access to $52.5 million in frozen funds.
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Flutterwave is a financial technology company.
- Hot News
Flutterwave, led by Nigerian tech entrepreneur Gbenga Agboola, competes to buy British fintech Railsr
Flutterwave was co-founded in 2016.
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Flutterwave is a San Francisco- and Lagos-based fintech group.
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Billionaire Gbenga Agboola’s Flutterwave faces allegations of financial impropriety amid IPO plans
Despite the allegations, the firm is continuing to prepare for its IPO.
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Kenya’s apex bank: Olugbenga Agboola’s Flutterwave, Ham Serunjogi’s Chipper Cash not licensed
The bank’s statement comes after Flutterwave denied links to a $59-million money laundering scheme.
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The company reiterates that it adheres to the highest regulatory standards.
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In an email sent to employees, Agboola did not reveal any new information or admit to any wrongdoing.
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Agboola and Flutterwave have yet to respond to or deny the allegations made by the Nigerian investigative journalist.