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Fintech Company Settles $28M Dispute With Tanzanian Bank

Gunnar Larson

14 Apr 2025 14 Apr '25
8:12 a.m.

Fintech Company Settles $28M Dispute With Tanzanian Bank <https://www.law360.co.uk/financial-services-uk/articles/2323045?nl_pk=9aaa8860-7735-4b56-abff-576e74202fd7&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2025-04-14&read_main=1&nlsidx=0&nlaidx=2> By Sophia Dourou A London-based fintech company has settled its $28 million claim against a Tanzanian bank over an alleged breach of a licensing agreement by the bank overusing its foreign transaction facility without paying and allowing almost 21,000 agents access to its banking platform. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/2323045?nl_pk=9aaa8860-7735-4b56-abff-576e74202fd7&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2025-04-14&read_more=1&nlsidx=0&nlaidx=2> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/2323045?nl_pk=9aaa8860-7735-4b56-abff-576e74202fd7&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2025-04-14&read_later=1&nlsidx=0&nlaidx=2>

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