Flutterwave Mozambique’s Payment Aggregator License Approval
IT News Africa | Vusi Melane - May 30, 2024
Featured entitiesThe most prominent entities mentioned in the article. Tap each entity to learn more.
AI-generated highlightsThe most relavant information from the article.
- 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.
CommentaryExperimental. Chat GPT's thoughts on the subject.
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.
SummaryA summary of the article.
Also readRecommended reading related to this content.
Newsletter
Sign up for the Newsletter
Discussion
Need startup advice?
Leverage the Hadu community to get answers and advice for your most pressing questions about Africa Tech.