Business Startups

Kenya’s ARA drops fraud and laundering allegations against Nigerian fintech Korapay

Kenya’s Asset Recovery Agency (ARA) has dropped the allegations of laundering and fraud leveled against Korapay, a Nigerian payment company (TechCabal). In July, the ARA, which is charged with identifying and confiscating proceeds of crime committed in the East African country, had brought two separate suits against Korapay and Kandon Technologies Limited, another Nigerian fintech […]

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