A Kenyan court has ordered that another Ksh 400.6 million belonging to the startup be seized. A Kenyan High Court has frozen more accounts of Africa's biggest fintech startup, Flutterwave, over allegations of money laundering. Kenya's authorities say the Nigerian firm had no approval to conduct cross-border payments in the country and accused it of fraud. The court earlier ordered that its 29 bank accounts with Guaranty Trust Bank, 17 with Equity Bank and six with Ecobank be frozen. The startup at the time dismissed the claim of financial impropriety against it as entirely false saying it had records to verify this. This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5512041/advertisement