Man launches fintech platform after being scammed out of his life savings | Personal Finance | Finance

 Man launches fintech platform after being scammed out of his life savings | Personal Finance | Finance

Whilst in university, Mr Ezeike and his co-founders first broke ground on what would become the number one fintech app for influencers in the UK, XPO. However, early on in the process, they realised eight months of work, time and money had all been for nothing when their app developer disappeared with their life savings.

Thinking they had themselves protected from any potential fraud with their contract, the pair worked with the developer for around eight months who would share updates that made it seem like he had been doing just what they had asked.

“Then one day I messaged him and he didn’t respond.

“On WhatsApp I couldn’t see his display picture, there was only one tick going through. He had taken us on a wild goose chase. We had no trading base, no nothing.”

Mr Ezeike explained how it felt when he realised what had happened: “It was just disbelief because I was thinking, ‘There’s no way I could get scammed. I’ve…

Read full article at www.express.co.uk