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#EndSARS: Flutterwave Debunks Reports of Payment Platform Closure

Flutterwave, a Nigerian payments startup, has debunked viral media reports that its Chairman, Tunde Lemo ordered the closure of fintech’s payment platform.

The startup said in a statement that the report is false and the interview never happened. It added that all its payment channels and services are running smoothly.

“Our attention has been drawn to false quotes by Thisday, Nairametrics and Arise TV which have been erroneously attributed to our Board Chairman, Tunde Lemo.

“Contrary to these reports, this interview never happened. Our payment platforms are up and running efficiently, as usual. Merchant payouts and collections are running seamlessly. Our consumer product, Barter by Flutterwave, is also completely operational.

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“We are overwhelmed by the love and support Flutterwave has received over the last few days as we continue to simplify payments for endless possibilities for you.”

The This Day report claimed that the chairman of Flutterwave, Tunde Lemo, a former deputy governor of the Central Bank of Nigeria ordered the shutdown firm’s payment platform.

“I was the one that instructed them to shut down their system yesterday when the bad guys were moving money through them,” he said.

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