Flutterwave: Kenyan Tech Founder Loses $900, 000 Appeal

Clara Wanjiku Odero, a Kenyan tech founder and CEO of Softbank-backed Credrails, has lost her appeal against Pan African fintech Flutterwave.

Odero, a former employee of Flutterwave, had initially sought $900,000 in damages, claiming emotional distress and reputational damage after the fintech company failed to remove her contact details from its M-Pesa Paybill account following her departure in 2018.

As a result, customers continued to contact her regarding company-related issues long after she had left her role as Head of Implementation for Rest of Africa at Flutterwave.

The Court of Appeal, however, upheld the lower court’s decision, awarding Odero only Ksh. 100,000 for emotional distress and Ksh. 150,000 as aggravated damages— a total of Ksh. 250,000 (approximately $2,500), far from the $900,000 she had requested.

“The award in damages was capped at Ksh. 250,000 by the Magistrate. I do not find reason to disturb his finding considering that there was no proof of loss of reputation. The sum was reasonable.” Noted Justice Alexander Muasya in his ruling on Friday 27th September 2024.

Odero’s initial suit arose from Flutterwave’s alleged negligence in failing to remove her name from the company’s pay bill contact list after her resignation. This led to a series of inquiries from the fintech’s customers which she claimed caused her public embarrassment, emotional distress, and reputational damage.

However, the judge ruled that she was unable to provide medical or independent evidence supporting her claims. In response, the court determined that there was no causal link between Flutterwave’s negligence and any reputational harm.

Flutterwave, considered Africa’s most valuable fintech with a valuation exceeding $3 billion, had expressed regret over the delay in updating Odero’s contact details and had offered to settle the matter amicably.

The company denied Odero’s accusations, including claims of bullying by CEO, Olugbenga Agboola, stating:

“As an organisation that continuously strives to create an environment where employees feel secure and safe, we take the recent allegations of bullying from a former employee very seriously. We categorically state that there is no place for bullying or harassment of any kind in our workplace.”

Ultimately, the appellate court found no grounds to overturn the lower court’s ruling, stating that the damages awarded were sufficient for the emotional distress caused by the mix-up. The court dismissed Odero’s appeal and awarded Flutterwave the costs of the appeal.

Case Reference: Clara Wanjiku Odero -Vs- Flutterwave Payments Technologies Limited, Civil Appeal No. HCCA E197 of 2020.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

NAICOM Reaffirms Support for Takaful, Microinsurance Growth as Noor Takaful Nears 10th Anniversary

L-R: Dr. Usman Jankara Jimada, Deputy Commissioner Technical, NAICOM;...

BUA Foods Delivers Double Digit Profit as Margin Discipline Drives Growth

  Company advances long term expansion strategy with significant...

Leadway Sounds Alarm on African Swine Fever, Urges Farmers to Strengthen Biosecurity

As concerns grow over recent outbreaks of African Swine...

Ecobank Nigeria Launches Scaling Up!!! Podcast to Champion African Entrepreneurship, Business Growth

Ecobank Nigeria has launched Scaling Up!!!, its flagship business...

Leadway Assurance, CubeCover, Vitse Technologies Sign on as Official Partners for IMT 5.0

Insurance Meets Tech (IMT), West Africa’s premier platform for...

Topics

Nigeria Protein Deficiency Awareness Campaign Kicks Off

  The Nigeria Protein Deficiency Awareness Campaign, tagged the Protein...

Buhari to Declare Open National Insurance Conference

President Muhammadu Buhari will declare open the 2016 National...

Stanbic IBTC Tops Media Exposure in Oct 2021at 35%

The P + Measurement #MediaIntelligence and Performance Audit Report...

Rand Merchant Bank Facilitates Landmark Corporate Bond Issuance for Presco

L-R: Olaronke Arigbede, Group Treasurer, SIAT Group, Felix Nwabuko,...

NEXIM: ‘Nigeria Must Rethink Oil Dominance to Achieve Economic Growth’

Mr. Bashir Wali, Acting MD/CEO, NEXIM Bank receiving a...

Nigerian, South African Gas Take Centre Stage at African Energy Chamber-Gazprom Roundtable

Various speakers at the international roundtable on natural gas...

Almond Insurance Industry Awards Unveils Nominees for Nov 1 Event

The Nominees for Voting in the Various Categories INSURANCE CEO...

Coronavirus: 290m Students Stuck at Home in 13 Countries

School closures in 13 countries linked to the COVID-19...
spot_img

Related Articles

Popular Categories

spot_imgspot_img