Flutterwave's accounts frozen in Kenya over money laundering claims


FILE PHOTO A man poses as he displays the Flutterwave homepage on a mobile phone screen in Abuja Nigeria January 21 2020. REUTERSAfolabi Sotunde

FILE PHOTO: A man poses as he displays the Flutterwave homepage on a mobile phone screen in Abuja, Nigeria January 21, 2020. REUTERS/Afolabi Sotunde

ABUJA (Reuters) - A court in Kenya has frozen more than $40 million in accounts belonging to Africa-focused payments giant Flutterwave under the country's anti-money laundering laws, court documents showed.

Founded in 2016 in Nigeria, the San Francisco-headquartered firm, specialises in individual and consumer transfers, one of several fintech firms facilitating and capitalising on Africa's booming payments market.

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