Nigerian fintech giant, Flutterwave, has recently announced that it has obtained two licenses from the National #Bank of Rwanda, allowing the company to offer its #payment services to over 13 million individuals and businesses living and working in Rwanda.
These licenses, known as the electronic money issuer and remittance licenses, which will enable Flutterwave to deploy its range of products, including cross-border money transfer solutions, payment links, invoices, checkout, and its store in Rwanda.
According to Flutterwave's CEO, Olugbenga Agboola, the company's commitment to its vision of linking Africa through payments has been reinforced by the granting of these licenses.
Flutterwave's East Africa Regional Lead, Leah Uwihoreye, also expressed her delight, stating that the licenses will allow Flutterwave to provide "safe, secure and seamless payment services" to individuals and businesses in Rwanda, a country well known for promoting digital technology and fostering innovation.