Latest News

We submitted application for licence in Kenya since 2019 – Flutterwave

Published by

Flutterwave, Africa’s leading fintech company that provides a payment infrastructure for global merchants and payment service providers across the continent, has said that it had applied for a licence to operate in Kenya since 2019.

The company said this in a statement issued on Saturday.

According to Flutterwave, the statement became necessary as a result of media reports concerning its operating licence in Kenya.

Flutterwave said, “Like many other financial technology service providers in Kenya, our entry into the market was through partnerships with banks and mobile network operators licensed by the Central Bank of Kenya.

“In 2019, as our operations grew, Flutterwave submitted its application for a Payment Service Provider licence. We have been in constant engagement with the Central Bank of Kenya to ensure that we provide all the requirements and we look forward to receiving our licence.

“We are committed to operating within the stipulated laws, regulations and industry standards in Kenya.

“We are understanding and respectful of the Central Bank of Kenya’s responsibility to protect the payments ecosystem and we support the ongoing collaboration between regulators and fintech to create an atmosphere that fosters innovation in the financial services industry.”

ALSO READ FROM  NIGERIAN TRIBUNE

Recent Posts

How much impact will coalition have on PDP?

KEEN observers of political happenings in the country have had very interesting events around the…

56 minutes ago

EKSU emerges first runner-up in 2025 African students’ conference

Ekiti State University, Ado- Ekiti (EKSU), has emerged as the first runner-up in the just-concluded…

3 hours ago

NASS to stakeholders: Lobby state legislatures to guarantee state police, additional states, LG autonomy

the National Assembly has called on all stakeholders to engage and lobby their respective state…

3 hours ago

50 per cent of drugs in circulation are fake — ACPN

ACPN have raised the alarm that no fewer than 50% of drugs currently in circulation…

5 hours ago

PHOTOS: Flood wreaks havoc in Ondo communities, destroys properties

A devastating flood has wreaked havoc in Okitipupa, the headquarters of Okitipupa Local Government Area…

5 hours ago

Royal family, traditional rulers, global dignitaries to celebrate enduring legacy of Oba Sijuwade

A monarch widely remembered for his diplomacy, cultural advocacy, and unrelenting commitment to the unity…

6 hours ago