Flutterwave Mozambique’s Payment Aggregator License Approval
IT News Africa | Vusi Melane - May 30, 2024
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  • Flutterwave has received approval in principle for its payment aggregator license from the Central Bank of Mozambique.
  • The total value of digital transactions in Mozambique is projected to increase by over 15.28% annually over the next four years.
  • Flutterwave aims to empower local businesses and open doors for global enterprises across all industries in Mozambique.
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The approval of Flutterwave's payment aggregator license in Mozambique is a significant milestone for the company, as it allows them to tap into the rapidly growing e-payment ecosystem of the country. With their extensive infrastructure and partnerships, Flutterwave is well-positioned to contribute to the financial landscape of Mozambique and facilitate seamless business operations for both local and international enterprises. This move presents a great opportunity for Flutterwave to expand its reach and drive inclusive growth in the region.
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