Flutterwave Welcomes Court Ruling In Battle With SoftBank-Backed Founder
Free Reads Flutterwave Welcomes Court Ruling In Battle With SoftBank-Backed Founder By Henry Nzekwe | October 9, 2024 Pan-African fintech giant Flutterwave has expressed satisfaction with the recent decision by the Kenyan Court of Appeal, which upheld a lower court ruling in a long-standing legal dispute with former employee, Clara Wanjiku Odero, now Founder/CEO of Credrails, an open finance platform backed by prominent global investor SoftBank. The court dismissed Odero’s appeal, awarding her KES 250 K (approximately USD 2.5 K) in total damages, a sum far smaller than what she had reportedly sought for emotional distress and reputational damage. Odero’s claims stemmed from Flutterwave’s failure to remove her contact information from its M-Pesa Paybill account after her departure from the company in 2018, leading to customer inquiries directed at her long after she left her role as Head of Implementation for Rest of Africa. Odero argued that this oversight caused her public embarrassment, emotional distress…
9 Oct 07:47 · WeeTracker