As investigations took the front seat, disruptions to Flutterwave’s everyday operations started. Flutterwave also tried to clear itself from the scandal by cooperating with authorities in investigations and security measure upgrades. They had to spend a considerable amount of money for these purposes....
Additionally, Stellar is used byFlutterwave, a mobile payments firm based in Africa, in order to assist in money transfers between Kenya, Ghana, and Nigeria. ICICI Bank, the largest private sector bank in India is also integrating with the Stellar network, for the purpose of supporting money t...
Nigeria’s innovation ecosystem and standing as one of the continent’s biggest economies make it a leading contender. Its fintech sector, for example, makes up around one-third of Africa’s market according to theWorld Bank. It has produced several unicorns — including Flutterwave, Paystack and...
In another example of a quick pivot, due to currency instability, TransferWise suspended support for Nigeria in2016. However, the company returned in October 2017 by partnering with a local entity,Flutterwave, to share risk and revenue and resume its services in the region. After the first year...