Flutterwave secures Ghana PSP licence following Mozambique expansion
Techpoint Africa | Abdullah Ajibade - Aug 01, 2024
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  • Flutterwave has been granted a Payment Service Provider licence by the Bank of Ghana.
  • The licence allows Flutterwave to operate independently and simplify payment processes.
  • Flutterwave plans to support other licensed fintech companies in Ghana and promote a more integrated financial ecosystem.
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The granting of the Payment Service Provider licence to Flutterwave by the Bank of Ghana is a significant development for the company. It allows Flutterwave to expand its operations independently and provide simplified payment solutions. The company's focus on supporting other fintech companies in Ghana and promoting a more integrated financial ecosystem shows its commitment to driving economic growth in the region. With the projected growth of Ghana's digital payments market, Flutterwave is well-positioned to capitalize on the opportunities in the country. Overall, this development highlights Flutterwave's ambition to become a key player in the African payment industry.
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