Headlines

Leatherback Ready To Spread Its Wings After EFCC Gives Green Light

Published

10 months ago

Feb 26, 2024.

Eko Hot Blog reports that Amidst plans for global expansion, fintech giant Leatherback has received a significant boost as the Economic and Financial Crimes Commission (EFCC) clears the firm of all allegations of fraud and misconduct.

Editor’s Pick:

Toyeeb Ibrahim Ibitade, CEO of Leatherback, outlined the company’s ambitious expansion strategy, which includes venturing into international markets such as the United Kingdom (UK), Nigeria, Ethiopia, Canada, India, Pakistan, Nepal, and Sri Lanka.

Following a thorough investigation prompted by suspicions of fraudulent activities, Leatherback cooperated fully with the EFCC, providing extensive documentation and facilitating a forensic audit of its operations. This collaborative effort resulted in the exoneration of Leatherback and its CEO, prompting the EFCC to retract all allegations and communications regarding the matter.

Expressing his relief and optimism for the future, Ibitade stated, “With this episode firmly behind us, we are poised to accelerate our mission to provide a single access point that empowers individuals and businesses to be truly global.”

Headquartered in London and regulated across multiple jurisdictions, Leatherback boasts a diverse user base spanning tens of thousands of individuals and businesses.

Further Reading:

The company’s commitment to providing seamless financial, payment, and commerce solutions underscores its vision of breaking down barriers to global growth and mobility.

Click here to watch video of the week