Flutterwave,
a leading fintech company, has been granted an Enhanced Payment Service
Provider license by the Bank of Ghana, marking a significant milestone in its
expansion across Africa. This license enables Flutterwave to offer a
comprehensive suite of payment services directly to businesses and customers in
Ghana, without the need for third-party services.
With
this approval, Flutterwave can streamline payment processes, promote a more
integrated and efficient financial ecosystem, and support other licensed
fintech companies in Ghana by providing essential payment services.
The Founder
& CEO of Flutterwave, Olugbenga Agboola expressed the company's commitment
to promoting economic growth in Ghana and providing unparalleled service to
customers. "Securing this license brings us closer to achieving our
mission of uniting Africa's fragmented payment infrastructure,"
Agboola said.
Oluwabankole
Falade, Chief Regulatory Officer at Flutterwave, thanked the Bank of Ghana for
their trust and support, emphasizing Flutterwave's dedication to regulatory
compliance and delivering secure, reliable payment solutions.
This
license approval solidifies Flutterwave's position as a leading fintech company
in Africa, committed to driving economic growth and innovation in the region.
By: Nana Appiah Acquaye
