Trials of a fintech founder

<p>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.</p> <p>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.</p> <p><strong>Timestamps</strong></p> <p>02:54 - MTN acquires Telkom&nbsp;</p> <p>08:50 - Fintechs in Nigeria shut down dollar virtual card services</p> <p>19:05 - Korapay and Kandon Technologies face fraud allegations in Kenya</p> <p><strong>Useful links</strong></p> <ul> <li>MTN in talks to <a href="https://www.reuters.com/markets/deals/south-african-mobile-operator-mtn-buyout-talks-with-rival-telkom-2022-07-15/">buy Telkom to become South Africa No.1</a></li> <li>Why your <a href="https://techpoint.africa/2022/07/18/techpoint-digest-369">virtual dollar card is not working</a></li> <li>Two Nigerian-born American businessmen are <a href="https://africa.businessinsider.com/local/markets/ping-express-us-llc-founders-anslem-oshionebo-and-opeyemi-odeyale-found-guilty/psndyy9">going to prison after their company facilitated 'controversial' remittances of up to $160 million to Nigeria</a></li> </ul> <p>This episode was produced by Ogheneruemu Oneyibo</p> <p>Email us your feedback at&nbsp;podcast@techpoint.africa. Visit&nbsp;www.techpoint.africa&nbsp;for more stories.</p> <p>&nbsp;</p>