Nigerian card-issuing fintech Allawee is shutting down its business and personal account services from December 1, 2026.
Customers have until November 30 to withdraw their funds and make alternative arrangements.
The company disclosed the decision in emails sent to customers, explaining that its technology now operates within Paystack following the latter’s acquisition of Allawee in 2025.
Allawee warned that payments sent to its account numbers from December 1, 2026 will fail, while its cards will also stop working, regardless of the expiry dates printed on them.
(TechCabal)
