Description

African (especially Nigerian) fintechs have been unable to catch a break for some weeks now. From Flutterwave being embroiled in several controversies to virtual card shutdowns, being a fintech founder is becoming a hard job.

Today on the Techpoint Africa Podcast, we discuss the virtual dollar card shutdown by many African fintechs and fraud charges against two Nigerian fintechs in Kenya.

Timestamps

02:54 - MTN acquires Telkom 

08:50 - Fintechs in Nigeria shut down dollar virtual card services

19:05 - Korapay and Kandon Technologies face fraud allegations in Kenya

Useful links

• MTN in talks to buy Telkom to become South Africa No.1
• Why your virtual dollar card is not working
• Two Nigerian-born American businessmen are going to prison after their company facilitated 'controversial' remittances of up to $160 million to Nigeria

This episode was produced by Ogheneruemu Oneyibo

Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.