Flutterwave, a leading payments technology company, has received a Payment Service Provider license (Enhanced Category) from the Bank of Ghana. This license will enable Flutterwave to offer more seamless and secure money transfer services, direct collections, automated invoicing, and various payment methods, including cards, mobile money, and bank transfers, to customers across Ghana.
The Enhanced Category license allows Flutterwave to operate independently, without relying on third-party services, which simplifies payment processes for both businesses and customers. Additionally, this license enables Flutterwave to support other licensed fintech companies in Ghana, fostering a more integrated financial ecosystem.
Olugbenga ‘GB’ Agboola, Founder & CEO of Flutterwave, remarked, “Securing this license in Ghana is a significant step towards unifying Africa’s fragmented payment infrastructure. We are committed to leveraging our platform to boost economic growth in Ghana while providing exceptional service to customers locally and globally.”
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