Bitcoin News Nigeria, Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria


Central Bank of Nigeria Grants Pan African Fintech: Flutterwave Nigeria’s Highest Payment Processing License.

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Flutterwave, Pan African fintech company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN)— widely regarded as CBN’s most valuable payments processing license. This license allows Flutterwave to offer transaction switching and card processing…

Flutterwave Series Of Woes Continue, As Kenyan Court Freezes More Millions.

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A Kenyan high Court has frozen another Sh400.6 million ($3.3 Million) in three bank accounts and 19 Safaricom M-Pesa paybill numbers  belonging to Nigerian pan African start-up fintech, Flutterwave allegedly linked to card fraud and money laundering. Justice Grace Nzioka said…

More Woes For Flutterwave As Bank Of Ghana Opens Investigation for The African Fintech Start-up.

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The Ghanaian government is looking into the financial record of Flutterwave, and has ordered financial institutions to provide details relating to the firm’s operational accounts. In a letter confidentially sent to the financial institutions, and dated July 13, the Bank…

Kenya’s Central Bank Bans Two Leading Nigeria Fintech Start-up Over License.

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The Central Bank Of Kenya’s supervision deputy director, Matu Mugo, in a circular, directed all regulated banks, microfinance and mortgage finance institutions to end their partnerships with the two Nigerian startups with immediate effect, hitting hard using regulation on Flutterwave…

Flutterwave Shutdown Barter Virtual Dollar Card Service.

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Nigeria based Fintech company, Flutterwave, has announced the shutting down of its virtual dollar card service also known as Barter card, effective from July 17, 2022. The company disclosed this in a message to its customers on Friday. This means…