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Saturday, May 16, 2026

Flutterwave CEO addresses alleged misconduct claims in email to employees - TechCrunch

Executive has been accused of financial impropriety, conflict of interest and sexual harassment

Flutterwave CEO Olugbenga Agboola has, for the first time, addressed financial and personal misconduct claims leveled against him and the company this month, according to an email to employees obtained by TechCrunch.

“I’m writing today because I want you to know how concerned I am about the impact that reading the false allegations against our company has had on you all,” he wrote.

The fact that the allegations of financial impropriety, conflict of interest and sexual harassment have been proved false or have already been reported, investigated and addressed by management matters less to me than the reality that these claims may have shaken your confidence in the company. As founder and CEO, it is my responsibility to address the concerns you may have, and this will be a priority for me moving forward.”

These are the first comments by the chief executive since a report by West African Weekly, a Substack newsletter written by journalist David Hundeyin, revealed several allegations against the startup and Agboola ranging from fraud and perjury to insider trading and sexual harassment.

The report came days after Clara Wanjiku Odero — an ex-employee and current CEO of Credrails — published a Medium post and a series of tweets on April 4 accusing the company and its CEO, Olugbenga Agboola, of bullying her in the past.

It’s been a week since these allegations from the West African...



Read Full Story: https://techcrunch.com/2022/04/19/flutterwave-ceo-addresses-alleged-misconduc...